VANGUARD ENERGY ETF (VDE) Stock Technical Analysis
USA - NYSEARCA:VDE - US92204A3068 - ETF
127.2 USD
-2.45 (-1.89%)
127.2 USD
0 (0%)
We assign a technical rating of 8 out of 10 to VDE. Although VDE is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
VDE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so VDE is lagging the market slightly.
In the last month VDE has a been trading in the 121.68 - 130.92 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When compared to the yearly performance of all other stocks, VDE outperforms 42% of them, which is more or less in line with the market.
Although VDE has an excellent technical rating, the quality of the presented setup is not ideal 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
108.29
138.16
4 important support areas can be observed.
- A support zone ranging from 123.22 to 126.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 118.37 to 119.14. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @112.05 from a horizontal line in the weekly time frame.
- Support @109.38 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @129.85 from a horizontal line in the daily time frame.
- A resistance zone ranging from 136.70 to 136.79. 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 VDE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VDE is up. |
| ChartMill Relative Strength | 42.51 | NEUTRAL | VDE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VDE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VDE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of VDE is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.49 | NEUTRAL | The RSI value for VDE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests VDE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.2 | NEUTRAL | The Stochastics value for VDE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.72 | LOW VOLATILITY | The low ATR as a percentage value for VDE suggests low volalility. |
| Average Directional Index/ADX (14) | 20.52 | NEUTRAL | The ADX value for VDE suggests a possible start of a new 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)
127.2
-2.45 (-1.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.89%
1 Week2.05%
2 Weeks2.31%
1 Month0.24%
3 Month4.07%
6 Month16.29%
12 Month-2.19%
2 Year0.36%
3 Year25.22%
5 Year215.55%
10 Year50.07%
15 Year53.75%
Volatility
ATR(14)2.06
ATR(20)%1.72%
ATR Inc35.93%
Range Today2.47
ADR(20)2
ADR(20)%1.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.51
Mansfield-0.71
10 Day High130.92
10 Day Low123.78
20 Day High130.92
20 Day Low121.68
52 Week High137.41
52 Week Low103.07
CS1 End126.85
CR1 Start129.85
Volume & EV
DER(3)1.79%
DER(5)1.49%
Volume531.39K
Volume Incr30.03%
Vol(5)568.97K
Vol(50)433.54K