NASDAQ:VMBS - Nasdaq - US92206C7719 - ETF - Currency: USD
Overall VMBS gets a technical rating of 3 out of 10. VMBS performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
VMBS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 45.93, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for VMBS in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
43.88
2 important support areas can be observed.
We can see 2 important resistance areas.
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 VMBS is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VMBS is neutral. |
ChartMill Relative Strength | 30.47 | NEUTRAL | VMBS is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VMBS is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VMBS is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of VMBS is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 50.99 | NEUTRAL | The RSI value for VMBS is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests VMBS has a negative trend. |
Stochastics (14,3) | 63.98 | NEUTRAL | The Stochastics value for VMBS is a neutral value. |
Average True Range in percent/ATR (20) | 0.35 | LOW VOLATILITY | The low ATR as a percentage value for VMBS suggests low volalility. |
Average Directional Index/ADX (14) | 9.18 | NEGATIVE | The low ADX value for VMBS suggests a weak or negative trend. |
45.95
-0.08 (-0.17%)