VICTORYSHARES EMERGING MARKE (UEVM) Stock Technical Analysis
NASDAQ:UEVM - Nasdaq - US92647N5436 - ETF - Currency: USD
We assign a technical rating of 8 out of 10 to UEVM. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, UEVM is only an average performer.
Warning: UEVM has an average volume of 10184 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
UEVM 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.
When comparing the performance of all stocks over the past year, UEVM turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
In the last month UEVM has a been trading in a tight range between 48.99 and 50.90.
Considerably lower volume is observed in the last couple of days.
Although UEVM has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
42.78
52.21
We found 3 important support areas.
- A support zone ranging from 48.85 to 50.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 44.25 to 45.48. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @43.21 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 51.68 to 51.69. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 UEVM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UEVM is up. |
| ChartMill Relative Strength | 57.23 | NEUTRAL | UEVM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UEVM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UEVM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of UEVM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.13 | NEUTRAL | The RSI value for UEVM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests UEVM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 91.01 | OVERBOUGHT | The high Stochastics value suggests UEVM may be overbought. |
| Average True Range in percent/ATR (20) | 0.63 | LOW VOLATILITY | The low ATR as a percentage value for UEVM suggests low volalility. |
| Average Directional Index/ADX (14) | 26.99 | POSITIVE | The high ADX value value for UEVM 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)
NASDAQ:UEVM (6/10/2025, 12:04:01 PM)
51.16
+0.39 (+0.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.77%
1 Week2.11%
2 Weeks0.84%
1 Month4.59%
3 Month5.87%
6 Month5.9%
12 Month4.79%
2 Year20.74%
3 Year23.17%
5 Year33.77%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%0.63%
ATR Inc-27.1%
Range Today0.17
ADR(20)0.17
ADR(20)%0.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.23
Mansfield0.13
10 Day High50.9
10 Day Low49.41
20 Day High50.9
20 Day Low48.99
52 Week High51.68
52 Week Low41.47
CS1 End50.17
CR1 Start50.87
Volume & EV
DER(3)-1.31%
DER(5)-0.78%
Volume785
Volume Incr-84.72%
Vol(5)2.80K
Vol(50)10.18K