NYSEARCA:VNQ - NYSE Arca - US9229085538 - ETF - Currency: USD
We assign a technical rating of 2 out of 10 to VNQ. VNQ has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, VNQ does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 89.65. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 89.31, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
82.79
2 important support areas can be observed.
We can see 3 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 | DOWN | NEGATIVE | The long term trend for VNQ is down. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VNQ is neutral. |
ChartMill Relative Strength | 56.07 | NEUTRAL | VNQ is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of VNQ is above a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of VNQ is above a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VNQ is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 54.95 | NEUTRAL | The RSI value for VNQ is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests VNQ has a positive trend. |
Stochastics (14,3) | 73.71 | NEUTRAL | The Stochastics value for VNQ is a neutral value. |
Average True Range in percent/ATR (20) | 1.39 | LOW VOLATILITY | The low ATR as a percentage value for VNQ suggests low volalility. |
Average Directional Index/ADX (14) | 11.93 | NEGATIVE | The low ADX value for VNQ suggests a weak or negative trend. |
89.44
+0.12 (+0.13%)