We assign a technical rating of 10 out of 10 to VNM. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, VNM is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, VNM did better than 89% of all other stocks. On top of that, VNM also shows a nice and consistent pattern of rising prices.
- VNM 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 VNM has a been trading in the 17.74 - 19.85 range, which is quite wide. It is currently trading near the high of this range.
Although VNM 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.
More info and screens
16.71
When analyzing the support we can see 3 important areas.
- A support zone ranging from 18.35 to 18.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.22 to 17.42. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @16.88 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 19.69 to 19.80. 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 VNM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VNM is up. |
| ChartMill Relative Strength | 89.76 | POSITIVE | VNM has a high relative strength, it outperformed 89.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VNM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VNM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VNM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.53 | NEUTRAL | The RSI value for VNM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests VNM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.69 | OVERBOUGHT | The high Stochastics value suggests VNM may be overbought. |
| Average True Range in percent/ATR (20) | 1.53 | LOW VOLATILITY | The low ATR as a percentage value for VNM suggests low volalility. |
| Average Directional Index/ADX (14) | 22.16 | NEUTRAL | The ADX value for VNM suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 19.81 | 19.48 | 0.33 (1.67%) | 25.00% |
| An entry @19.81. This is a Buy Stop order right above the resistance zone. | An exit @19.48. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.33 points, which is 1.67%. | For a 0.42% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of VNM. Please evaluate whether better entry and exit points can be found.
- 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.
NYSEARCA:VNM (1/20/2026, 10:39:48 AM)
19.535
-0.2 (-0.99%)
VANECK VIETNAM ETF / VNM FAQ
What is the technical rating for VNM stock?
ChartMill assigns a technical rating of 10 / 10 to VNM.
Can you provide the trend direction for VANECK VIETNAM ETF?
The current trend direction for VANECK VIETNAM ETF (VNM) is Bullish.
Can you provide the RSI signal for VANECK VIETNAM ETF?
VANECK VIETNAM ETF (VNM) has an RSI value of 63.531. This indicates that the stock is currently neutral.
What is the MACD signal for VNM stock?
The MACD indicator for VANECK VIETNAM ETF (VNM) has a value of 0.0354713, indicating a bearish trend.
What is the support and resistance level for VNM stock?
VANECK VIETNAM ETF (VNM) has a support level at 19.69 and a resistance level at 19.74. Check the full technical report for our detailed analysis of VNM support and resistance levels.