VANG FTSE DW USDA (VHVG.L) Stock Technical Analysis
LON:VHVG - IE00BK5BQV03 - ETF
Overall VHVG gets a technical rating of 5 out of 10. In the last year, VHVG was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, VHVG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 49.99. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 49.37, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
47.27
When analyzing the support we notice one important area.
- A support zone ranging from 47.75 to 49.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 49.99 to 50.34. 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 VHVG.L is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VHVG.L is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | VHVG.L has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VHVG.L is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VHVG.L is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 62.79 | NEUTRAL | The RSI value for VHVG.L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests VHVG.L has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.55 | OVERBOUGHT | The high Stochastics value suggests VHVG.L may be overbought. |
| Average True Range in percent/ATR (20) | 1.85 | LOW VOLATILITY | The low ATR as a percentage value for VHVG.L suggests low volalility. |
LON:VHVG (12/27/2019, 7:00:00 PM)
49.9825
-0.24 (-0.47%)