VANGUARD FTSE DEVELOPED ETF (VEA) Stock Technical Analysis
USA - NYSEARCA:VEA - US9219438580 - ETF
61.06 USD
+0.56 (+0.93%)
61.3263 USD
+0.27 (+0.44%)
We assign a technical rating of 7 out of 10 to VEA. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, VEA is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
A new 52 week high is currently being made by VEA, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
VEA has an average volume of 11685100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that VEA is one of the better performing stocks in the market, outperforming 70% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month VEA has a been trading in a tight range between 58.81 and 61.15.
Although VEA has an excellent technical rating, it does not present a decent entry opportunity 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
46.31
61.68
When analyzing the support we can see 4 important areas.
- A support zone ranging from 58.19 to 59.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 56.01 to 56.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @47.86 from a horizontal line in the weekly time frame.
- Support @46.78 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 61.07 to 61.07. 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 VEA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VEA is up. |
| ChartMill Relative Strength | 70.56 | POSITIVE | VEA has a high relative strength, it outperformed 70.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VEA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VEA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VEA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.55 | NEUTRAL | The RSI value for VEA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests VEA has a positive trend. |
| Stochastics (14,3) | 92.9 | OVERBOUGHT | The high Stochastics value suggests VEA may be overbought. |
| Average True Range in percent/ATR (20) | 0.78 | LOW VOLATILITY | The low ATR as a percentage value for VEA suggests low volalility. |
| Average Directional Index/ADX (14) | 24.4 | NEUTRAL | The ADX value for VEA 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)
61.06
+0.56 (+0.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.93%
1 Week2.78%
2 Weeks2.36%
1 Month3.56%
3 Month6.71%
6 Month30.16%
12 Month17.04%
2 Year44.55%
3 Year58.31%
5 Year54.78%
10 Year60.52%
15 Year69.99%
Volatility
ATR(14)0.49
ATR(20)%0.78%
ATR Inc20.07%
Range Today0.33
ADR(20)0.35
ADR(20)%0.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.56
Mansfield0.26
10 Day High61.15
10 Day Low58.82
20 Day High61.15
20 Day Low58.82
52 Week High61.15
52 Week Low45.14
CS1 End59.93
CR1 Start61.07
Volume & EV
DER(3)-1.18%
DER(5)0.49%
Volume10.01M
Volume Incr2.46%
Vol(5)12.99M
Vol(50)11.69M