VANG USDTRBD EUR HGD A (VDTE.MI) Stock Technical Analysis
BIT:VDTE - Euronext Milan - IE00BMX0B631 - ETF - Currency: EUR
Taking everything into account, VDTE scores 5 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, VDTE is a bad performer.
Although the technical rating is only medium, VDTE does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 25.29. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.07, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
23.11
We found 3 important support areas.
- A support zone ranging from 24.77 to 25.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 24.06 to 24.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 23.34 to 23.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @25.29 from a horizontal line in the daily time frame.
- A resistance zone ranging from 25.70 to 25.78. 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 VDTE.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VDTE.MI is up. |
| ChartMill Relative Strength | 36.16 | NEUTRAL | VDTE.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of VDTE.MI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VDTE.MI is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 53.89 | NEUTRAL | The RSI value for VDTE.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests VDTE.MI has a positive trend. |
| Stochastics (14,3) | 68.7 | NEUTRAL | The Stochastics value for VDTE.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.01 | LOW VOLATILITY | The low ATR as a percentage value for VDTE.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 8.61 | NEGATIVE | The low ADX value for VDTE.MI suggests a weak or negative trend. |
BIT:VDTE (7/31/2025, 7:00:00 PM)
25.16
+0.06 (+0.24%)