VANGUARD RUSSELL 2000 ETF (VTWO) Stock Technical Analysis
NASDAQ:VTWO - Nasdaq - US92206C6646 - ETF - Currency: USD
Taking everything into account, VTWO scores 4 out of 10 in our technical rating. In the past year, VTWO was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, VTWO is a bad performer in the overall market: 61% of all stocks are doing better.
VTWO 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.
VTWO has an average volume of 1896860 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
VTWO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so VTWO is lagging the market slightly.
VTWO has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
72.46
91.49
We found 1 important support area.
- A support zone ranging from 73.19 to 73.90. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 83.59 to 84.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @90.58 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for VTWO is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VTWO is neutral. |
| ChartMill Relative Strength | 39.55 | NEUTRAL | VTWO is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of VTWO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.18 | NEUTRAL | The RSI value for VTWO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests VTWO has a negative trend. |
| Stochastics (14,3) | 50.64 | NEUTRAL | The Stochastics value for VTWO is a neutral value. |
| Average True Range in percent/ATR (20) | 1.8 | LOW VOLATILITY | The low ATR as a percentage value for VTWO suggests low volalility. |
| Average Directional Index/ADX (14) | 19.97 | NEGATIVE | The low ADX value for VTWO 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)
81.87
-0.26 (-0.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.32%
1 Week-3.5%
2 Weeks0.87%
1 Month4.36%
3 Month-7.05%
6 Month-15.23%
12 Month-1.44%
2 Year16.69%
3 Year9.51%
5 Year46.42%
10 Year64.94%
15 YearN/A
Volatility
ATR(14)1.41
ATR(20)%1.8%
ATR Inc-12.02%
Range Today1.44
ADR(20)1.24
ADR(20)%1.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.55
Mansfield-0.71
10 Day High84.92
10 Day Low80.71
20 Day High84.92
20 Day Low77.12
52 Week High99.12
52 Week Low69.38
CS1 End73.9
CR1 Start83.59
Volume & EV
DER(3)-3.14%
DER(5)-1.52%
Volume1.49M
Volume Incr-3.2%
Vol(5)1.24M
Vol(50)1.90M