VANECK REAL ASSETS ETF (RAAX) Stock Technical Analysis
NYSEARCA:RAAX - US92189F1306 - ETF
33.07 USD
-0.07 (-0.21%)
We assign a technical rating of 9 out of 10 to RAAX. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RAAX is showing a nice and steady performance.
Warning: RAAX has an average volume of 23836 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that RAAX is one of the better performing stocks in the market, outperforming 70% of all stocks. We also observe that the gains produced by RAAX over the past year are nicely spread over this period.
RAAX is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
RAAX is an average performer in the Automobile Components industry, it outperforms 58% of 80 stocks in the same industry.
In the last month RAAX has a been trading in a tight range between 31.62 and 33.38.
Although RAAX has an excellent technical rating, it does not offer a high quality setup 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
27.64
33.48
When analyzing the support we can see 5 important areas.
- A support zone ranging from 31.67 to 32.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @31.05 from a horizontal line in the daily time frame.
- Support @30.39 from a horizontal line in the daily time frame.
- Support @29.16 from a trend line in the weekly time frame.
- Support @27.92 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 33.08 to 33.15. 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 RAAX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RAAX is up. |
| ChartMill Relative Strength | 70.75 | POSITIVE | RAAX has a high relative strength, it outperformed 70.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RAAX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RAAX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RAAX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.14 | OVERBOUGHT | The high RSI value suggests RAAX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests RAAX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.74 | OVERBOUGHT | The high Stochastics value suggests RAAX may be overbought. |
| Average True Range in percent/ATR (20) | 0.96 | LOW VOLATILITY | The low ATR as a percentage value for RAAX suggests low volalility. |
| Average Directional Index/ADX (14) | 31.6 | POSITIVE | The high ADX value value for RAAX suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NYSEARCA:RAAX (9/3/2025, 6:40:01 PM)
33.07
-0.07 (-0.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg-0.21%
1 Week1.72%
2 Weeks4.06%
1 Month3.31%
3 Month6.33%
6 Month13.3%
12 Month19.91%
2 Year30.56%
3 Year45.49%
5 Year64.03%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%0.96%
ATR Inc23.81%
Range Today0.26
ADR(20)0.3
ADR(20)%0.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.75
Mansfield0.07
10 Day High33.38
10 Day Low31.79
20 Day High33.38
20 Day Low31.62
52 Week High33.38
52 Week Low27.05
CS1 End32.59
CR1 Start33.08
Volume & EV
DER(3)-1.62%
DER(5)-1.73%
Volume29.92K
Volume Incr3.43%
Vol(5)28.04K
Vol(50)23.84K