USA - NASDAQ:VNMEU - KYG9580A1250
Overall VNMEU gets a technical rating of 4 out of 10. In the last year, VNMEU 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, VNMEU does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 10.02. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.01, a Stop Loss order could be placed below this zone.
9.87
We found 1 important support area.
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 VNMEU is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VNMEU is up. |
ChartMill Relative Strength | 0 | NEGATIVE | VNMEU has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of VNMEU is above a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VNMEU is above the rising SMA(50). |
Relative Strength Index/RSI (14) | 53.81 | NEUTRAL | The RSI value for VNMEU is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests VNMEU has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for VNMEU is a neutral value. |
Average True Range in percent/ATR (20) | 0.13 | LOW VOLATILITY | The low ATR as a percentage value for VNMEU suggests low volalility. |
Average Directional Index/ADX (14) | 55.69 | POSITIVE | The high ADX value value for VNMEU suggests a strong trend. |
NASDAQ:VNMEU (9/26/2025, 8:00:02 PM)
10.01
0 (0%)