ISHARES MSCI AGRICULTURE PRO (VEGI) Stock Technical Analysis
NYSEARCA:VEGI - NYSE Arca - US4642863504 - ETF - Currency: USD
Overall VEGI gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, VEGI is only an average performer.
Warning: VEGI has an average volume of 20442 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
VEGI is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so VEGI is leading the market.
In the last month VEGI has a been trading in the 35.93 - 40.50 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, VEGI did better than 79% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Although VEGI has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
34.27
40.89
When analyzing the support we can see 4 important areas.
- A support zone ranging from 36.88 to 38.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @36.21 from a horizontal line in the daily time frame.
- Support @35.61 from a horizontal line in the weekly time frame.
- A support zone ranging from 34.62 to 34.63. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 40.49 to 40.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79
Mansfield0.5
10 Day High40.5
10 Day Low37.11
20 Day High40.5
20 Day Low35.93
52 Week High40.5
52 Week Low33.13
Performance
1 Week4.6%
2 Weeks5.61%
1 Month10.45%
3 Month8.12%
6 Month11.61%
12 Month6.9%
2 Year9.32%
3 Year-11.31%
5 Year65.09%
10 Year44.37%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.22
RSI(14)72.44
LBB37
UBB40.33
40.48
+0.61 (+1.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.53%
1 Week4.6%
2 Weeks5.61%
1 Month10.45%
3 Month8.12%
6 Month11.61%
12 Month6.9%
2 Year9.32%
3 Year-11.31%
5 Year65.09%
10 Year44.37%
15 YearN/A
Volatility
ATR(14)0.58
ATR(20)%1.41%
ATR Inc35.97%
Range Today0.75
ADR(20)0.48
ADR(20)%1.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79
Mansfield0.5
10 Day High40.5
10 Day Low37.11
20 Day High40.5
20 Day Low35.93
52 Week High40.5
52 Week Low33.13
CS1 End38.18
CR1 Start40.49
Volume & EV
DER(3)1.68%
DER(5)1.05%
Volume8.30K
Volume Incr-25.05%
Vol(5)16.80K
Vol(50)20.44K