VANECK COMMODITY STRAT ETF (PIT) Stock Technical Analysis
USA - NYSEARCA:PIT - US92189H7715 - ETF
Taking everything into account, PIT scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PIT is showing a nice and steady performance.
PIT has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
45.49
5 important support areas can be observed.
- A support zone ranging from 53.53 to 56.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 50.72 to 51.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @48.96 from a trend line in the weekly time frame.
- Support @47.26 from a horizontal line in the weekly time frame.
- Support @45.95 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 56.90 to 57.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for PIT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PIT is up. |
| ChartMill Relative Strength | 77.64 | POSITIVE | PIT has a high relative strength, it outperformed 77.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PIT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PIT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PIT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.21 | NEUTRAL | The RSI value for PIT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests PIT has a positive trend. |
| Stochastics (14,3) | 91.48 | OVERBOUGHT | The high Stochastics value suggests PIT may be overbought. |
| Average True Range in percent/ATR (20) | 1.07 | LOW VOLATILITY | The low ATR as a percentage value for PIT suggests low volalility. |
| Average Directional Index/ADX (14) | 17.43 | NEGATIVE | The low ADX value for PIT suggests a weak or negative trend. |
NYSEARCA:PIT (11/13/2025, 11:39:08 AM)
56.83
-0.06 (-0.11%)
VANECK COMMODITY STRAT ETF / PIT FAQ
What is the technical rating for PIT stock?
ChartMill assigns a technical rating of 10 / 10 to PIT.
What is the trend direction for PIT stock?
The current trend direction for VANECK COMMODITY STRAT ETF (PIT) is Bullish.
What is the RSI signal for VANECK COMMODITY STRAT ETF (PIT) stock?
VANECK COMMODITY STRAT ETF (PIT) has an RSI value of 61.2103. This indicates that the stock is currently neutral.
What is the short term momentum for PIT stock?
The short term momentum for VANECK COMMODITY STRAT ETF (PIT) is positive.
Can you provide the buy/sell signal for VANECK COMMODITY STRAT ETF?
The buy/sell signal for VANECK COMMODITY STRAT ETF (PIT) is buy as both the short term and long term trends are positive.