NYSEARCA:VUG - NYSE Arca - US9229087369 - ETF - Currency: USD
We assign a technical rating of 8 out of 10 to VUG. In the last year, VUG was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
VUG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. Very recently a Pocket Pivot signal was observed. This is another positive sign.
341.06
2 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 VUG is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VUG is up. |
ChartMill Relative Strength | 77.28 | POSITIVE | VUG has a high relative strength, it outperformed 77.28% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VUG is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VUG is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VUG is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 58.4 | NEUTRAL | The RSI value for VUG is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.36 | NEGATIVE | The MACD value suggests VUG has a negative trend. |
Stochastics (14,3) | 70.51 | NEUTRAL | The Stochastics value for VUG is a neutral value. |
Average True Range in percent/ATR (20) | 1.33 | LOW VOLATILITY | The low ATR as a percentage value for VUG suggests low volalility. |
Average Directional Index/ADX (14) | 18.47 | NEGATIVE | The low ADX value for VUG suggests a weak or negative trend. |
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 |
---|---|---|---|
421.61 | 415.99 | 5.62 (1.33%) | 25.00% |
An entry @421.61. This is a Buy Stop order right above the 10 day moving average. | An exit @415.99. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 5.62 points, which is 1.33%. | For a 0.33% total portfolio risk, you can invest 25.00% of your capital in this trade. |
419.6
-0.67 (-0.16%)