VANGUARD RUSSELL 2000 ETF (VTWO) Stock Technical Analysis
USA - NASDAQ:VTWO - US92206C6646 - ETF
100.2 USD
+1.42 (+1.44%)
100.98 USD
+0.78 (+0.78%)
We assign a technical rating of 7 out of 10 to VTWO. 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.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
VTWO 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.
VTWO has an average volume of 2180860 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 VTWO 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.
In the last month VTWO has a been trading in a tight range between 96.02 and 100.89.
Volume is considerably higher in the last couple of days.
VTWO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 100.21. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 99.32, a Stop Loss order could be placed below this zone.
More info and screens
83.59
101.21
5 important support areas can be observed.
- A support zone ranging from 95.19 to 99.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @92.40 from a trend line in the daily time frame.
- Support @90.79 from a horizontal line in the daily time frame.
- Support @86.92 from a horizontal line in the daily time frame.
- Support @84.43 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 100.21 to 100.21. 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 VTWO is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VTWO is neutral. |
| ChartMill Relative Strength | 72.18 | POSITIVE | VTWO has a high relative strength, it outperformed 72.18% 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) | 59.92 | NEUTRAL | The RSI value for VTWO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests VTWO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 50.31 | NEUTRAL | The Stochastics value for VTWO is a neutral value. |
| Average True Range in percent/ATR (20) | 1.73 | LOW VOLATILITY | The low ATR as a percentage value for VTWO suggests low volalility. |
| Average Directional Index/ADX (14) | 23.15 | NEUTRAL | The ADX value for VTWO 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)
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 |
|---|---|---|---|
| 100.22 | 96.04 | 4.19 (4.18%) | 23.95% |
| An entry @100.22. This is a Buy Stop order right above the resistance zone. | An exit @96.03. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 4.19 points, which is 4.18%. | When investing 23.95% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
100.2
+1.42 (+1.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.44%
1 Week1.52%
2 Weeks2.43%
1 Month3.64%
3 Month11.51%
6 Month32.93%
12 Month9.76%
2 Year50.52%
3 Year35.3%
5 Year62.04%
10 Year116.6%
15 Year260.04%
Volatility
ATR(14)1.7
ATR(20)%1.73%
ATR Inc124.91%
Range Today3.71
ADR(20)1.57
ADR(20)%1.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.18
Mansfield0.23
10 Day High100.89
10 Day Low96.05
20 Day High100.89
20 Day Low96.02
52 Week High100.89
52 Week Low69.38
CS1 End99.32
CR1 Start100.21
Volume & EV
DER(3)-2.91%
DER(5)-0.23%
Volume3.86M
Volume Incr107.88%
Vol(5)4.10M
Vol(50)2.18M