USA - NYSEARCA:VEU - US9220427754 - ETF
Overall VEU gets a technical rating of 6 out of 10. VEU has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
VEU has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
55.66
5 important support areas can be observed.
We found 1 important resistance 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 VEU is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VEU is neutral. |
ChartMill Relative Strength | 70.22 | POSITIVE | VEU has a high relative strength, it outperformed 70.22% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VEU is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VEU is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VEU is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 42.03 | NEUTRAL | The RSI value for VEU is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests VEU has a negative trend. |
Stochastics (14,3) | 50.2 | NEUTRAL | The Stochastics value for VEU is a neutral value. |
Average True Range in percent/ATR (20) | 0.84 | LOW VOLATILITY | The low ATR as a percentage value for VEU suggests low volalility. |
Average Directional Index/ADX (14) | 31.69 | POSITIVE | The high ADX value value for VEU suggests a strong trend. |
70.2
-1.7 (-2.36%)