VANGUARD MID-CAP ETF (VO) Stock Technical Analysis
NYSEARCA:VO - NYSE Arca - US9229086296 - ETF - Currency: USD
We assign a technical rating of 6 out of 10 to VO. VO has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long and short term trends are both positive. This is looking good!
VO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so VO is lagging the market slightly.
VO is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When comparing the performance of all stocks over the past year, VO turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
In the last month VO has a been trading in a tight range between 264.27 and 274.98.
VO has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 277.33. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 273.22, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
231.93
287.49
We found 3 important support areas.
- A support zone ranging from 260.53 to 273.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @239.94 from a trend line in the weekly time frame.
- A support zone ranging from 234.27 to 234.99. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 277.33 to 278.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 284.63 to 284.64. 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 VO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VO is up. |
| ChartMill Relative Strength | 69.74 | NEUTRAL | VO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of VO is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.1 | NEUTRAL | The RSI value for VO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.46 | NEGATIVE | The MACD value suggests VO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 76.78 | NEUTRAL | The Stochastics value for VO is a neutral value. |
| Average True Range in percent/ATR (20) | 1.11 | LOW VOLATILITY | The low ATR as a percentage value for VO suggests low volalility. |
| Average Directional Index/ADX (14) | 15.24 | NEGATIVE | The low ADX value for VO suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 |
|---|---|---|---|
| 278.67 | 270.22 | 8.45 (3.03%) | 25.00% |
| An entry @278.67. This is a Buy Stop order right above the resistance zone. | An exit @270.22. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 8.45 points, which is 3.03%. | For a 0.76% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
273.74
+2.72 (+1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1%
1 Week0.12%
2 Weeks1.1%
1 Month-0.2%
3 Month5.14%
6 Month2.17%
12 Month12.3%
2 Year24.34%
3 Year38.98%
5 Year67.01%
10 Year114.82%
15 Year366.5%
Volatility
ATR(14)2.72
ATR(20)%1.11%
ATR Inc39.96%
Range Today2.39
ADR(20)2.72
ADR(20)%0.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.74
Mansfield-0.08
10 Day High274.98
10 Day Low270.23
20 Day High274.98
20 Day Low264.27
52 Week High285.6
52 Week Low223.65
CS1 End273.22
CR1 Start277.33
Volume & EV
DER(3)0.37%
DER(5)1.15%
Volume919.90K
Volume Incr13.47%
Vol(5)684.90K
Vol(50)925.70K