VANGUARD S&P 500 ETF (VOO) Stock Technical Analysis
NYSEARCA:VOO - NYSE Arca - US9229083632 - ETF - Currency: USD
We assign a technical rating of 8 out of 10 to VOO. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, VOO is only an average performer.
The long and short term trends are both positive. This is looking good!
VOO 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 VOO has a been trading in the 545.75 - 578.50 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
VOO has an average volume of 6639460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that VOO is one of the better performing stocks in the market, outperforming 72% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Besides having an excellent technical rating, VOO also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 576.93. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 573.70, a Stop Loss order could be placed below this zone.
More info and screens
450.55
588.11
We found 5 important support areas.
- A support zone ranging from 563.89 to 573.70. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 547.71 to 552.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 532.40 to 537.36. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @483.16 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 576.93 to 582.29. 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 VOO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VOO is up. |
| ChartMill Relative Strength | 72.56 | POSITIVE | VOO has a high relative strength, it outperformed 72.56% 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) | 68.24 | NEUTRAL | The RSI value for VOO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.45 | NEGATIVE | The MACD value suggests VOO has a negative trend. |
| Stochastics (14,3) | 87.87 | OVERBOUGHT | The high Stochastics value suggests VOO may be overbought. |
| Average True Range in percent/ATR (20) | 0.79 | LOW VOLATILITY | The low ATR as a percentage value for VOO suggests low volalility. |
| Average Directional Index/ADX (14) | 29.04 | 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 |
|---|---|---|---|
| 582.30 | 567.97 | 14.33 (2.46%) | 25.00% |
| An entry @582.30. This is a Buy Stop order right above the resistance zone. | An exit @567.97. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 14.33 points, which is 2.46%. | 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.
576.92
-0.26 (-0.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.05%
1 Week0.65%
2 Weeks0.3%
1 Month5.04%
3 Month19.22%
6 Month5%
12 Month14.34%
2 Year37.14%
3 Year52.31%
5 Year92.24%
10 Year199%
15 YearN/A
Volatility
ATR(14)4.13
ATR(20)%0.79%
ATR Inc-24.89%
Range Today2.66
ADR(20)4.12
ADR(20)%0.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.56
Mansfield0
10 Day High578.5
10 Day Low567.98
20 Day High578.5
20 Day Low545.75
52 Week High578.5
52 Week Low442.8
CS1 End573.7
CR1 Start576.93
Volume & EV
DER(3)-3.15%
DER(5)-3.38%
Volume4.26M
Volume Incr-23.63%
Vol(5)5.41M
Vol(50)6.64M