Pacer Military Times Best Employers ETF (VETS) Stock Technical Analysis
USA - NASDAQ:VETS -
38.62
+0 (+0.01%)
Overall VETS gets a technical rating of 7 out of 10. Although VETS is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: VETS has an average volume of 601 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!
VETS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so VETS is lagging the market slightly.
When comparing the performance of all stocks over the past year, VETS turns out to be only a medium performer in the overall market: it outperformed 47% of all stocks.
In the last month VETS has a been trading in a tight range between 38.20 and 39.80.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, VETS also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 38.59, a Stop Loss order could be placed below this zone.
More info and screens
23.57
40.45
We found 3 important support areas.
- A support zone ranging from 37.86 to 38.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @33.22 from a horizontal line in the weekly time frame.
- Support @23.81 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 38.85 to 39.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 39.81 to 40.05. 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 VETS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VETS is up. |
| ChartMill Relative Strength | 47.37 | NEUTRAL | VETS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VETS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VETS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VETS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.18 | NEUTRAL | The RSI value for VETS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests VETS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.34 | NEUTRAL | The Stochastics value for VETS is a neutral value. |
| Average True Range in percent/ATR (20) | 0.65 | LOW VOLATILITY | The low ATR as a percentage value for VETS suggests low volalility. |
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 |
|---|---|---|---|
| 39.04 | 38.19 | 0.85 (2.18%) | 25.00% |
| An entry @39.04. This is a Buy Stop order right above the resistance zone. | An exit @38.19. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.85 points, which is 2.18%. | For a 0.54% 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.
Pacer Military Times Best Employers ETF
NASDAQ:VETS (7/27/2021, 8:03:41 PM)
38.62
+0 (+0.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.01%
1 Week0.13%
2 Weeks-1.38%
1 Month-3.01%
3 Month3.26%
6 Month30.17%
12 Month20.69%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%0.65%
ATR Inc-46.25%
Range Today0.1
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.37
Mansfield-0.61
10 Day High38.85
10 Day Low38.2
20 Day High39.8
20 Day Low38.2
52 Week High40.42
52 Week Low22.28
CS1 End38.59
CR1 Start38.85
Volume & EV
DER(3)0%
DER(5)0%
Volume100
Volume Incr-36.75%
Vol(5)300
Vol(50)601.72