ADVSHRS STAR GBL BUY-WRITE (VEGA) Stock Technical Analysis
NYSEARCA:VEGA - NYSE Arca - US00768Y7682 - ETF - Currency: USD
Taking everything into account, VEGA scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, VEGA is only an average performer.
Warning: VEGA has an average volume of 2774 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
VEGA is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
When comparing the performance of all stocks over the past year, VEGA turns out to be only a medium performer in the overall market: it outperformed 64% of all stocks.
In the last month VEGA has a been trading in a tight range between 45.99 and 46.87.
Besides having an excellent technical rating, VEGA also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 46.88. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 46.65, a Stop Loss order could be placed below this zone.
More info and screens
39.25
47.35
5 important support areas can be observed.
- A support zone ranging from 45.60 to 46.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 44.06 to 44.66. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 41.67 to 41.79. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @40.46 from a horizontal line in the weekly time frame.
- Support @39.65 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 46.88 to 46.88. 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 VEGA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VEGA is up. |
| ChartMill Relative Strength | 64 | NEUTRAL | VEGA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VEGA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VEGA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VEGA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.26 | NEUTRAL | The RSI value for VEGA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests VEGA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 75.42 | NEUTRAL | The Stochastics value for VEGA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.43 | LOW VOLATILITY | The low ATR as a percentage value for VEGA suggests low volalility. |
| Average Directional Index/ADX (14) | 23.87 | NEUTRAL | The ADX value for VEGA 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 46.89 | 46.15 | 0.74 (1.58%) | 25.00% |
| An entry @46.89. This is a Buy Stop order right above the resistance zone. | An exit @46.15. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.74 points, which is 1.58%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.39%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:VEGA (8/7/2025, 8:04:00 PM)
46.7644
+0.01 (+0.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.03%
1 Week0.38%
2 Weeks-0.03%
1 Month0.98%
3 Month7.89%
6 Month5.53%
12 Month12.23%
2 Year24.27%
3 Year33.36%
5 Year33.69%
10 Year83.03%
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%0.43%
ATR Inc-1.19%
Range Today0.2
ADR(20)0.16
ADR(20)%0.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64
Mansfield-0.18
10 Day High46.87
10 Day Low46.16
20 Day High46.87
20 Day Low45.99
52 Week High46.87
52 Week Low39.1
CS1 End46.65
CR1 Start46.88
Volume & EV
DER(3)2.57%
DER(5)1.54%
Volume2.10K
Volume Incr-19.77%
Vol(5)2.78K
Vol(50)2.77K