ISHARES MSCI AGRICULTURE PRO (VEGI) Stock Technical Analysis
NYSEARCA:VEGI - NYSE Arca - US4642863504 - ETF - Currency: USD
We assign a technical rating of 10 out of 10 to VEGI. Both in the recent history as in the last year, VEGI has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: VEGI has an average volume of 21522 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!
Looking at the yearly performance, VEGI did better than 72% of all other stocks. We also observe that the gains produced by VEGI over the past year are nicely spread over this period.
A new 52 week high is currently being made by VEGI, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so VEGI is leading the market.
VEGI is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
In the last month VEGI has a been trading in a tight range between 38.46 and 40.52.
Although VEGI has an excellent technical rating, the quality of the presented setup is not ideal 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
34.27
40.94
When analyzing the support we can see 4 important areas.
- A support zone ranging from 39.74 to 40.01. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @36.88 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 40.49 to 40.53. 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 VEGI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VEGI is up. |
| ChartMill Relative Strength | 72.13 | POSITIVE | VEGI has a high relative strength, it outperformed 72.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VEGI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VEGI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VEGI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.89 | NEUTRAL | The RSI value for VEGI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests VEGI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 69.98 | NEUTRAL | The Stochastics value for VEGI is a neutral value. |
| Average True Range in percent/ATR (20) | 0.94 | LOW VOLATILITY | The low ATR as a percentage value for VEGI suggests low volalility. |
| Average Directional Index/ADX (14) | 14.79 | NEGATIVE | The low ADX value for VEGI suggests a weak or negative 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 |
|---|---|---|---|
| 40.54 | 39.54 | 1.00 (2.47%) | 25.00% |
| An entry @40.54. This is a Buy Stop order right above the resistance zone. | An exit @39.54. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.00 points, which is 2.47%. | For a 0.62% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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:VEGI (6/6/2025, 8:04:00 PM)
40.4
+0.24 (+0.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.59%
1 Week1.53%
2 Weeks1.62%
1 Month4.96%
3 Month6.81%
6 Month6.48%
12 Month11.34%
2 Year2.25%
3 Year3.09%
5 Year62.44%
10 Year50.47%
15 YearN/A
Volatility
ATR(14)0.31
ATR(20)%0.94%
ATR Inc-28.74%
Range Today0.22
ADR(20)0.32
ADR(20)%0.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.13
Mansfield0.4
10 Day High40.52
10 Day Low39.55
20 Day High40.52
20 Day Low38.46
52 Week High40.52
52 Week Low33.13
CS1 End40.01
CR1 Start40.49
Volume & EV
DER(3)-0.09%
DER(5)1.1%
Volume49.50K
Volume Incr140.85%
Vol(5)26.12K
Vol(50)21.52K