VANGUARD S&P 500 ETF (VOO) Stock Technical Analysis
NYSEARCA:VOO - NYSE Arca - US9229083632 - ETF - Currency: USD
We assign a technical rating of 9 out of 10 to VOO. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, VOO 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, VOO did better than 72% of all other stocks.
VOO 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.
VOO has an average volume of 6488550 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month VOO has a been trading in a tight range between 569.29 and 594.03.
VOO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
450.55
598.79
When analyzing the support we can see 4 important areas.
- A support zone ranging from 569.63 to 573.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @550.40 from a horizontal line in the daily time frame.
- Support @489.04 from a trend line in the weekly time frame.
- Support @455.10 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 588.57 to 592.86. This zone is formed by a combination of multiple trend lines and important moving averages 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 VOO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VOO is up. |
| ChartMill Relative Strength | 72.99 | POSITIVE | VOO has a high relative strength, it outperformed 72.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VOO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VOO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VOO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.97 | NEUTRAL | The RSI value for VOO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.41 | NEGATIVE | The MACD value suggests VOO has a negative trend. |
| Stochastics (14,3) | 78.42 | NEUTRAL | The Stochastics value for VOO is a neutral value. |
| Average True Range in percent/ATR (20) | 0.86 | LOW VOLATILITY | The low ATR as a percentage value for VOO suggests low volalility. |
| Average Directional Index/ADX (14) | 26.67 | POSITIVE | The high ADX value value for VOO suggests a strong 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 |
|---|---|---|---|
| 592.87 | 578.30 | 14.57 (2.46%) | 25.00% |
| An entry @592.87. This is a Buy Stop order right above the resistance zone. | An exit @578.30. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 14.57 points, which is 2.46%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.61%. |
- 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.
586.58
-1.55 (-0.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.26%
1 Week-1.06%
2 Weeks0.85%
1 Month0.64%
3 Month10.18%
6 Month6.31%
12 Month13.53%
2 Year41.74%
3 Year61.53%
5 Year82.72%
10 Year223.88%
15 YearN/A
Volatility
ATR(14)5.4
ATR(20)%0.86%
ATR Inc2.74%
Range Today6.15
ADR(20)4.45
ADR(20)%0.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.99
Mansfield0
10 Day High594.03
10 Day Low578.31
20 Day High594.03
20 Day Low569.29
52 Week High594.03
52 Week Low442.8
CS1 End573.41
CR1 Start588.57
Volume & EV
DER(3)-1.18%
DER(5)-1.38%
Volume7.11M
Volume Incr21.62%
Vol(5)6.52M
Vol(50)6.49M