VODI Technical Analysis - VODAFONE GROUP PLC

Technical Rating and Analysis

Overall VODI gets a technical rating of 7 out of 10. Although VODI is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

VODI is one of the lesser performing stocks in the Wireless Telecommunication Services industry. 80% of 6 stocks in the same industry do better.

Both the short term and long term trends are positive. This is a very positive sign.

VODI is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.

In the last month VODI has a been trading in the 0.96 - 1.02 range, which is quite wide. It is currently trading near the high of this range.

VODI has an average volume of 1569080 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

When compared to the yearly performance of all other stocks, VODI outperforms 66% of them, which is more or less in line with the market.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

VODAFONE GROUP PLC / VODI Weekly stock chart

VODAFONE GROUP PLC / VODI Daily stock chart

Setup Rating and Analysis

Although VODI has an excellent technical rating, it does not present a decent entry opportunity 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

0.76

1.05

4 important support areas can be observed.

A support zone ranging from 0.98 to 1.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A support zone ranging from 0.95 to 0.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @0.79 from a horizontal line in the weekly time frame.
Support @0.77 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

Resistance @1.02 from a horizontal line in the weekly time frame.
Resistance @1.04 from a horizontal line in the daily time frame.

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What is Support and Resistance

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Technical Indicator Signal Analysis

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 VODI.DE is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for VODI.DE is up.
ChartMill Relative Strength	66.58	NEUTRAL	VODI.DE is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of VODI.DE is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of VODI.DE is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of VODI.DE is above the rising SMA(200).
Relative Strength Index/RSI (14)	65.33	NEUTRAL	The RSI value for VODI.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0	POSITIVE	The MACD value suggests VODI.DE has a positive trend.
Stochastics (14,3)	83.79	OVERBOUGHT	The high Stochastics value suggests VODI.DE may be overbought.
Average True Range in percent/ATR (20)	1.42	LOW VOLATILITY	The low ATR as a percentage value for VODI.DE suggests low volalility.
Average Directional Index/ADX (14)	15.14	NEGATIVE	The low ADX value for VODI.DE suggests a weak or negative trend.