VANGUARD TAX-EXEMPT BOND ETF (VTEB) Stock Technical Analysis
NYSEARCA:VTEB - NYSE Arca - US9229077469 - ETF - Currency: USD
Taking everything into account, VTEB scores 0 out of 10 in our technical rating. VTEB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, VTEB is a bad performer in the overall market: 75% of all stocks are doing better.
VTEB has an average volume of 7591300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
VTEB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so VTEB is lagging the market.
In the last month VTEB has a been trading in a tight range between 48.46 and 49.06.
VTEB has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
46.96
51.67
When analyzing the support we notice one important area.
- A support zone ranging from 47.43 to 48.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 48.58 to 49.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 50.45 to 51.16. 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 | DOWN | NEGATIVE | The long term trend for VTEB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VTEB is down. |
| ChartMill Relative Strength | 25.5 | NEGATIVE | VTEB has a low relative strength, it was outperformed by 74.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VTEB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VTEB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VTEB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.81 | NEUTRAL | The RSI value for VTEB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests VTEB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.6 | OVERSOLD | The low Stochastics value suggests VTEB may be oversold. |
| Average True Range in percent/ATR (20) | 0.23 | LOW VOLATILITY | The low ATR as a percentage value for VTEB suggests low volalility. |
| Average Directional Index/ADX (14) | 21.41 | NEUTRAL | The ADX value for VTEB suggests a possible start of a new 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)
48.56
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week-0.08%
2 Weeks-0.49%
1 Month-0.84%
3 Month-0.74%
6 Month-3.13%
12 Month-4.73%
2 Year-3.15%
3 Year-4.97%
5 Year-11.55%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%0.23%
ATR Inc-41.06%
Range Today0.07
ADR(20)0.11
ADR(20)%0.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.5
Mansfield-1.1
10 Day High48.84
10 Day Low48.46
20 Day High49.06
20 Day Low48.46
52 Week High51.17
52 Week Low47.02
CS1 End48.13
CR1 Start48.58
Volume & EV
DER(3)-1.58%
DER(5)1.72%
Volume11.25M
Volume Incr30.49%
Vol(5)8.62M
Vol(50)7.59M