VANGUARD RUSSELL 1000 GROWTH (VONG) Stock Technical Analysis
NASDAQ:VONG - US92206C6802 - ETF
117.41 USD
+0.82 (+0.7%)
117.52 USD
+0.11 (+0.09%)
Taking everything into account, VONG 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, VONG is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, VONG did better than 77% of all other stocks.
VONG is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month VONG has a been trading in a tight range between 111.82 and 118.01.
Although VONG 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
88.38
118.59
We found 2 important support areas.
- A support zone ranging from 111.18 to 115.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @89.27 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 117.42 to 117.42. 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 VONG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VONG is up. |
| ChartMill Relative Strength | 77.95 | POSITIVE | VONG has a high relative strength, it outperformed 77.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VONG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VONG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VONG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.1 | NEUTRAL | The RSI value for VONG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests VONG has a positive trend. |
| Stochastics (14,3) | 91 | OVERBOUGHT | The high Stochastics value suggests VONG may be overbought. |
| Average True Range in percent/ATR (20) | 1.13 | LOW VOLATILITY | The low ATR as a percentage value for VONG suggests low volalility. |
| Average Directional Index/ADX (14) | 19.95 | NEGATIVE | The low ADX value for VONG 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 |
|---|---|---|---|
| 117.43 | 112.41 | 5.02 (4.27%) | 23.39% |
| An entry @117.43. This is a Buy Stop order right above the resistance zone. | An exit @112.41. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 5.02 points, which is 4.27%. | For a 1.00% total portfolio risk, you can invest 23.39% 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.
117.41
+0.82 (+0.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.7%
1 Week2.34%
2 Weeks2.1%
1 Month1.34%
3 Month12.45%
6 Month23.63%
12 Month24.35%
2 Year71.55%
3 Year116.58%
5 Year110.7%
10 Year392.23%
15 Year796.09%
Volatility
ATR(14)1.36
ATR(20)%1.13%
ATR Inc-24.63%
Range Today1.01
ADR(20)1.18
ADR(20)%1.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.95
Mansfield0.38
10 Day High118.01
10 Day Low112.42
20 Day High118.01
20 Day Low111.82
52 Week High118.01
52 Week Low79.39
CS1 End115.6
CR1 Start117.42
Volume & EV
DER(3)3.33%
DER(5)4.3%
Volume1.00M
Volume Incr28.07%
Vol(5)1.02M
Vol(50)810.81K