Taking everything into account, VGT scores 5 out of 10 in our technical rating. In the last year, VGT was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- VGT 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 VGT is lagging the market slightly.
- When compared to the yearly performance of all other stocks, VGT outperforms 66% of them, which is more or less in line with the market.
- In the last month VGT has a been trading in a tight range between 737.51 and 778.35.
VGT has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 759.14, a Stop Loss order could be placed below this zone.
More info and screens
475.10
When analyzing the support we can see 3 important areas.
- A support zone ranging from 736.33 to 759.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 715.69 to 718.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @479.90 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @779.16 from a horizontal line in the daily time frame.
- A resistance zone ranging from 793.22 to 801.53. 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 VGT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VGT is neutral. |
| ChartMill Relative Strength | 66.99 | NEUTRAL | VGT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of VGT is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VGT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VGT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.81 | NEUTRAL | The RSI value for VGT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.16 | POSITIVE | The MACD value suggests VGT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.79 | OVERBOUGHT | The high Stochastics value suggests VGT may be overbought. |
| Average True Range in percent/ATR (20) | 1.7 | LOW VOLATILITY | The low ATR as a percentage value for VGT suggests low volalility. |
| Average Directional Index/ADX (14) | 17.11 | NEGATIVE | The low ADX value for VGT suggests a weak or negative trend. |
760.8
-14.38 (-1.86%)
VANGUARD INFO TECH ETF / VGT FAQ
Can you provide the ChartMill technical rating for VANGUARD INFO TECH ETF?
ChartMill assigns a technical rating of 5 / 10 to VGT.
What is the trend direction for VGT stock?
The current trend direction for VANGUARD INFO TECH ETF (VGT) is Bullish.
What is the RSI signal for VGT stock?
VANGUARD INFO TECH ETF (VGT) has an RSI value of 50.8109. This indicates that the stock is currently neutral.
What is the short term momentum for VANGUARD INFO TECH ETF (VGT) stock?
The short term momentum for VANGUARD INFO TECH ETF (VGT) is neutral.
Can you provide the support and resistance levels for VANGUARD INFO TECH ETF?
VANGUARD INFO TECH ETF (VGT) has a support level at 759.14 and a resistance level at 779.16. Check the full technical report for our detailed analysis of VGT support and resistance levels.