VANECK RUSSIA ETF (RSX) Technical Analysis
NYSEARCA:RSX • US92189F4037
Current stock price
RSX Technical Rating and Analysis
Taking everything into account, RSX scores 0 out of 10 in our technical rating. RSX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, RSX is a bad performer in the overall market: 91% of all stocks are doing better.
- RSX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- Warning: RSX has an average volume of 100 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month RSX has a been trading in a tight range between 5.62 and 5.65.
RSX Weekly and Daily overview Charts
RSX Setup Rating and Analysis
The technical rating of RSX is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
RSX Support and Resistance Analysis
5.55
When analyzing the support we notice one important area.
- A support zone ranging from 5.61 to 5.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 5.65 to 5.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
RSX Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for RSX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RSX is down. |
| ChartMill Relative Strength | 9.11 | NEGATIVE | RSX has a low relative strength, it was outperformed by 90.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RSX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RSX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RSX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 0 | OVERSOLD | The low RSI value suggests RSX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests RSX has a negative trend. |
| Average True Range in percent/ATR (20) | 0.03 | LOW VOLATILITY | The low ATR as a percentage value for RSX suggests low volalility. |
| Average Directional Index/ADX (14) | 76.35 | POSITIVE | The high ADX value value for RSX suggests a strong trend. |
RSX Chart- and CandleStick Pattern Analysis
RSX Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:RSX (1/12/2023, 5:40:08 PM)
5.6187
-0.03 (-0.55%)
VANECK RUSSIA ETF / RSX TA FAQ
Can you provide the ChartMill technical rating for VANECK RUSSIA ETF?
ChartMill assigns a technical rating of 0 / 10 to RSX.
What is the current trend direction of VANECK RUSSIA ETF (RSX) stock?
The current trend direction for VANECK RUSSIA ETF (RSX) is Bearish.
Can you provide the RSI signal for VANECK RUSSIA ETF?
VANECK RUSSIA ETF (RSX) has an RSI value of 0.00083294. This indicates that the stock is currently oversold.
Can you provide the MACD signal for VANECK RUSSIA ETF?
The MACD indicator for VANECK RUSSIA ETF (RSX) has a value of -0.00199715, indicating a bearish trend.
Can you provide the support and resistance levels for VANECK RUSSIA ETF?
VANECK RUSSIA ETF (RSX) has a support level at 5.61 and a resistance level at 5.65. Check the full technical report for our detailed analysis of RSX support and resistance levels.