NYSEARCA:VB - NYSE Arca - US9229087518 - ETF - Currency: USD
Taking everything into account, VB scores 5 out of 10 in our technical rating. VB has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
VB has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 233.76. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 233.59, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for VB in the last couple of days, which is a good sign.
198.79
When analyzing the support we can see 3 important areas.
3 important resistance areas can be observed.
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 | NEUTRAL | NEUTRAL | The long term trend for VB is neutral. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VB is neutral. |
ChartMill Relative Strength | 61.11 | NEUTRAL | VB is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VB is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VB is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | MIXED | The current price of VB is below the rising SMA(200). |
Relative Strength Index/RSI (14) | 58.32 | NEUTRAL | The RSI value for VB is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.37 | NEGATIVE | The MACD value suggests VB has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 65.17 | NEUTRAL | The Stochastics value for VB is a neutral value. |
Average True Range in percent/ATR (20) | 1.38 | LOW VOLATILITY | The low ATR as a percentage value for VB suggests low volalility. |
Average Directional Index/ADX (14) | 9.27 | NEGATIVE | The low ADX value for VB suggests a weak or negative trend. |
233.62
+2.08 (+0.9%)