USA - NYSEARCA:VIG - US9219088443 - ETF
Taking everything into account, VIG scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, VIG is only an average performer.
Although VIG has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
172.40
4 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 VIG is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VIG is up. |
ChartMill Relative Strength | 59.01 | NEUTRAL | VIG is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VIG is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VIG is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VIG is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 69.51 | NEUTRAL | The RSI value for VIG is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.4 | POSITIVE | The MACD value suggests VIG has a positive trend. |
Stochastics (14,3) | 91.05 | OVERBOUGHT | The high Stochastics value suggests VIG may be overbought. |
Average True Range in percent/ATR (20) | 0.69 | LOW VOLATILITY | The low ATR as a percentage value for VIG suggests low volalility. |
Average Directional Index/ADX (14) | 37.3 | POSITIVE | The high ADX value value for VIG suggests a strong trend. |
215.62
-0.9 (-0.42%)