Overall VTWO gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, VTWO is only an average performer.
Although VTWO has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
91.71
4 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 VTWO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VTWO is up. |
| ChartMill Relative Strength | 72.15 | POSITIVE | VTWO has a high relative strength, it outperformed 72.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VTWO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VTWO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VTWO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.65 | NEUTRAL | The RSI value for VTWO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests VTWO has a positive trend. |
| Stochastics (14,3) | 91.46 | OVERBOUGHT | The high Stochastics value suggests VTWO may be overbought. |
| Average True Range in percent/ATR (20) | 1.3 | LOW VOLATILITY | The low ATR as a percentage value for VTWO suggests low volalility. |
| Average Directional Index/ADX (14) | 15.9 | NEGATIVE | The low ADX value for VTWO suggests a weak or negative trend. |
105.17
+0.77 (+0.74%)
ChartMill assigns a technical rating of 7 / 10 to VTWO.
The current trend direction for VANGUARD RUSSELL 2000 ETF (VTWO) is Bullish.
VANGUARD RUSSELL 2000 ETF (VTWO) has an RSI value of 65.6529. This indicates that the stock is currently neutral.
The MACD indicator for VANGUARD RUSSELL 2000 ETF (VTWO) has a value of 0.271908, indicating a bearish trend.
VANGUARD RUSSELL 2000 ETF (VTWO) has a support level at 102.14 and a resistance level at 105.18. Check the full technical report for our detailed analysis of VTWO support and resistance levels.