VODAFONE GROUP PLC-SP ADR (VOD) Stock Technical Analysis
NASDAQ:VOD - Nasdaq - US92857W3088 - ADR - Currency: USD
We assign a technical rating of 8 out of 10 to VOD. Although VOD is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
VOD 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 VOD is lagging the market slightly.
In the last month VOD has a been trading in the 10.66 - 11.66 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
VOD has an average volume of 11480900 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 79% 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 60% of 21 stocks in the same industry.
Although VOD 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
8.09
11.65
When analyzing the support we can see 5 important areas.
- A support zone ranging from 10.58 to 11.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.79 from a horizontal line in the daily time frame.
- Support @9.18 from a trend line in the weekly time frame.
- Support @8.37 from a horizontal line in the daily time frame.
- Support @8.17 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 11.44 to 11.53. 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 | 79.61 | POSITIVE | VOD has a high relative strength, it outperformed 79.61% 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) | 59.41 | NEUTRAL | The RSI value for VOD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests VOD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 55.72 | NEUTRAL | The Stochastics value for VOD is a neutral value. |
| Average True Range in percent/ATR (20) | 1.87 | LOW VOLATILITY | The low ATR as a percentage value for VOD suggests low volalility. |
| Average Directional Index/ADX (14) | 22.14 | 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 |
|---|---|---|---|
| 11.54 | 10.65 | 0.89 (7.71%) | 12.97% |
| An entry @11.54. This is a Buy Stop order right above the resistance zone. | An exit @10.65. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.89 points, which is 7.71%. | For a 1.00% total portfolio risk, you can invest 12.97% 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.
11.26
-0.04 (-0.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryWireless Telecommunication Services
Performance
% Chg-0.35%
1 Week4.16%
2 Weeks-2.26%
1 Month3.21%
3 Month21.08%
6 Month31.39%
12 Month19.28%
2 Year20.82%
3 Year-16.1%
5 Year-23.76%
10 Year-67.34%
15 Year-74.62%
Volatility
ATR(14)0.24
ATR(20)%1.87%
ATR Inc68.59%
Range Today0.26
ADR(20)0.14
ADR(20)%1.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.61
Mansfield0.96
10 Day High11.49
10 Day Low10.66
20 Day High11.67
20 Day Low10.66
52 Week High11.67
52 Week Low8
CS1 End11.12
CR1 Start11.44
Volume & EV
DER(3)9.18%
DER(5)7.7%
Volume6.19M
Volume Incr5.3%
Vol(5)7.80M
Vol(50)11.48M