VANGUARD FTSE EUROPE ETF (VGK) Stock Technical Analysis
NYSEARCA:VGK - NYSE Arca - US9220428745 - ETF - Currency: USD
We assign a technical rating of 7 out of 10 to VGK. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, VGK is only an average performer.
The long and short term trends are both positive. This is looking good!
VGK 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.
In the last month VGK has a been trading in the 74.24 - 78.70 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
VGK has an average volume of 3927420 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, VGK outperforms 65% of them, which is more or less in line with the market.
VGK has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 77.32, a Stop Loss order could be placed below this zone.
More info and screens
61.87
79.48
We found 4 important support areas.
- A support zone ranging from 74.78 to 77.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @67.45 from a trend line in the weekly time frame.
- A support zone ranging from 64.57 to 64.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 62.49 to 63.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 77.69 to 78.69. This zone is formed by a combination of multiple trend lines and important moving averages 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 VGK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VGK is up. |
| ChartMill Relative Strength | 65.29 | NEUTRAL | VGK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VGK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VGK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VGK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.43 | NEUTRAL | The RSI value for VGK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests VGK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 35.43 | NEUTRAL | The Stochastics value for VGK is a neutral value. |
| Average True Range in percent/ATR (20) | 0.92 | LOW VOLATILITY | The low ATR as a percentage value for VGK suggests low volalility. |
| Average Directional Index/ADX (14) | 12.29 | NEGATIVE | The low ADX value for VGK 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 |
|---|---|---|---|
| 77.70 | 76.55 | 1.15 (1.47%) | 25.00% |
| An entry @77.70. This is a Buy Stop order right above the 10 day moving average. | An exit @76.55. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.15 points, which is 1.47%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.37%. |
- 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.
77.53
+0.36 (+0.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.47%
1 Week-0.28%
2 Weeks0.43%
1 Month3.68%
3 Month7.14%
6 Month15.35%
12 Month13.81%
2 Year22.11%
3 Year39.79%
5 Year48.61%
10 Year39.9%
15 Year68.95%
Volatility
ATR(14)0.65
ATR(20)%0.92%
ATR Inc11.94%
Range Today0.6
ADR(20)0.57
ADR(20)%0.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.29
Mansfield0.19
10 Day High78.71
10 Day Low76.56
20 Day High78.71
20 Day Low74.24
52 Week High78.71
52 Week Low62.02
CS1 End77.32
CR1 Start77.69
Volume & EV
DER(3)-1.53%
DER(5)-1.45%
Volume2.70M
Volume Incr-27.38%
Vol(5)2.95M
Vol(50)3.93M