VICTORYSHARES EMERGING MARKE (UEVM) Stock Technical Analysis
NASDAQ:UEVM - Nasdaq - US92647N5436 - ETF - Currency: USD
Taking everything into account, UEVM scores 8 out of 10 in our technical rating. Although UEVM is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: UEVM has an average volume of 10054 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 is trading in the upper part of its 52 week range, but not near new highs, so UEVM is leading the market.
When compared to the yearly performance of all other stocks, UEVM outperforms 63% of them, which is more or less in line with the market.
In the last month UEVM has a been trading in a tight range between 49.41 and 51.82.
Considerably lower volume is observed in the last couple of days.
Although UEVM has an excellent technical rating, it does not present a decent entry opportunity 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
42.78
52.35
3 important support areas can be observed.
- A support zone ranging from 49.00 to 49.55. 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 51.54 to 51.83. 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 UEVM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UEVM is up. |
| ChartMill Relative Strength | 63.27 | 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) | 75.7 | OVERBOUGHT | The high RSI value suggests UEVM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests UEVM has a positive trend. |
| Stochastics (14,3) | 97.91 | OVERBOUGHT | The high Stochastics value suggests UEVM may be overbought. |
| Average True Range in percent/ATR (20) | 0.6 | LOW VOLATILITY | The low ATR as a percentage value for UEVM suggests low volalility. |
| Average Directional Index/ADX (14) | 31.06 | 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 (6/13/2025, 1:39:44 PM)
51.24
-0.58 (-1.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.12%
1 Week2.55%
2 Weeks3.81%
1 Month3.97%
3 Month8.06%
6 Month8.09%
12 Month6.96%
2 Year23.23%
3 Year25.72%
5 Year36.53%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%0.6%
ATR Inc-4.6%
Range Today0.19
ADR(20)0.18
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
CRS63.27
Mansfield0.27
10 Day High51.82
10 Day Low49.41
20 Day High51.82
20 Day Low49.41
52 Week High51.82
52 Week Low41.47
CS1 End51.68
CR1 Start51.83
Volume & EV
DER(3)0%
DER(5)0%
Volume536
Volume Incr-91.21%
Vol(5)1.48K
Vol(50)10.05K