VODAFONE GROUP PLC-SP ADR (VOD) Stock Technical Analysis
NASDAQ:VOD - Nasdaq - US92857W3088 - ADR - Currency: USD
Taking everything into account, VOD scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, VOD is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
VOD is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so VOD is leading the market.
VOD 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.
VOD has an average volume of 15333900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, VOD did better than 82% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
VOD is an average performer in the Wireless Telecommunication Services industry, it outperforms 55% of 21 stocks in the same industry.
Besides having an excellent technical rating, VOD also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. We notice that large players showed an interest for VOD in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
7.97
10.66
When analyzing the support we can see 5 important areas.
- A support zone ranging from 9.29 to 9.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.03 from a horizontal line in the daily time frame.
- Support @8.80 from a trend line in the weekly time frame.
- Support @8.37 from a horizontal line in the daily time frame.
- A support zone ranging from 8.05 to 8.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 10.48 to 10.55. 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 VOD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VOD is up. |
| ChartMill Relative Strength | 82.8 | POSITIVE | VOD has a high relative strength, it outperformed 82.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VOD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VOD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VOD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.45 | NEUTRAL | The RSI value for VOD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests VOD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.98 | OVERBOUGHT | The high Stochastics value suggests VOD may be overbought. |
| Average True Range in percent/ATR (20) | 1.95 | LOW VOLATILITY | The low ATR as a percentage value for VOD suggests low volalility. |
| Average Directional Index/ADX (14) | 24.41 | NEUTRAL | The ADX value for VOD suggests a possible start of a new 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 |
|---|---|---|---|
| 10.56 | 9.29 | 1.27 (12.03%) | 8.31% |
| An entry @10.56. This is a Buy Stop order right above the resistance zone. | An exit @9.29. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.27 points, which is 12.03%. | For a 1.00% total portfolio risk, you can invest 8.31% 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.
10.34
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryWireless Telecommunication Services
Performance
% Chg0%
1 Week-1.9%
2 Weeks11.54%
1 Month6.27%
3 Month17.37%
6 Month15.27%
12 Month7.48%
2 Year9.07%
3 Year-37.86%
5 Year-37.37%
10 Year-73.51%
15 Year-71.94%
Volatility
ATR(14)0.22
ATR(20)%1.95%
ATR Inc-46.58%
Range Today0.11
ADR(20)0.16
ADR(20)%1.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.8
Mansfield0.87
10 Day High10.6
10 Day Low9.3
20 Day High10.6
20 Day Low8.98
52 Week High10.6
52 Week Low8
CS1 End9.51
CR1 Start10.48
Volume & EV
DER(3)5.9%
DER(5)9.79%
Volume14.84M
Volume Incr10.66%
Vol(5)18.91M
Vol(50)15.33M