VANGUARD RUSSELL 1000 GROWTH (VONG) Stock Technical Analysis
NASDAQ:VONG - Nasdaq - US92206C6802 - ETF - Currency: USD
We assign a technical rating of 9 out of 10 to VONG. In the last year, VONG was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
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 78% of all other stocks. On top of that, VONG also shows a nice and consistent pattern of rising prices.
VONG is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so VONG is performing more or less in line with the market.
VONG 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.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
VONG has an average volume of 1278940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
VONG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 100.54, a Stop Loss order could be placed below this zone.
More info and screens
84.90
108.90
When analyzing the support we can see 2 important areas.
- A support zone ranging from 100.49 to 100.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @85.76 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @103.04 from a trend line in the daily time frame.
- A resistance zone ranging from 106.55 to 107.82. 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 | 78.08 | POSITIVE | VONG has a high relative strength, it outperformed 78.08% 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) | 63.63 | NEUTRAL | The RSI value for VONG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests VONG has a negative trend. |
| Stochastics (14,3) | 82.74 | OVERBOUGHT | The high Stochastics value suggests VONG may be overbought. |
| Average True Range in percent/ATR (20) | 1.57 | LOW VOLATILITY | The low ATR as a percentage value for VONG suggests low volalility. |
| Average Directional Index/ADX (14) | 18.36 | 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 |
|---|---|---|---|
| 103.05 | 100.48 | 2.57 (2.49%) | 25.00% |
| An entry @103.05. This is a Buy Stop order right above the resistance zone. | An exit @100.48. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.57 points, which is 2.49%. | For a 0.62% 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.
102.81
-0.06 (-0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.06%
1 Week1.19%
2 Weeks0.06%
1 Month7.54%
3 Month1.31%
6 Month0.23%
12 Month16.75%
2 Year54.72%
3 Year67.77%
5 Year116.77%
10 Year297.56%
15 YearN/A
Volatility
ATR(14)1.69
ATR(20)%1.57%
ATR Inc-1.11%
Range Today1.64
ADR(20)1.32
ADR(20)%1.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.08
Mansfield0.19
10 Day High104.05
10 Day Low99.91
20 Day High104.05
20 Day Low94.63
52 Week High107.97
52 Week Low79.39
CS1 End100.54
CR1 Start103.04
Volume & EV
DER(3)-8.38%
DER(5)-6.62%
Volume713.60K
Volume Incr-13.38%
Vol(5)691.14K
Vol(50)1.28M