We assign a technical rating of 9 out of 10 to VEA. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, VEA is showing a nice and steady performance.
VEA has an excellent technical rating, but the quality of the setup is only medium 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.
46.31
4 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 | 79 | POSITIVE | VEA has a high relative strength, it outperformed 79% 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) | 57.89 | NEUTRAL | The RSI value for VEA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests VEA has a positive trend. |
| Stochastics (14,3) | 68.77 | NEUTRAL | The Stochastics value for VEA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.1 | LOW VOLATILITY | The low ATR as a percentage value for VEA suggests low volalility. |
| Average Directional Index/ADX (14) | 15.87 | NEGATIVE | The low ADX value for VEA suggests a weak or negative trend. |
61.57
+0.29 (+0.47%)
ChartMill assigns a technical rating of 9 / 10 to VEA.
The current trend direction for VANGUARD FTSE DEVELOPED ETF (VEA) is Bullish.
VANGUARD FTSE DEVELOPED ETF (VEA) has an RSI value of 57.8919. This indicates that the stock is currently neutral.
The MACD indicator for VANGUARD FTSE DEVELOPED ETF (VEA) has a value of 0.0432828, indicating a bearish trend.
VANGUARD FTSE DEVELOPED ETF (VEA) has a support level at 61.18 and a resistance level at 61.58. Check the full technical report for our detailed analysis of VEA support and resistance levels.