NYSEARCA:VWO - NYSE Arca - US9220428588 - ETF - Currency: USD
We assign a technical rating of 6 out of 10 to VWO. In the last year, VWO was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
VWO has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
41.70
2 important support areas can be observed.
We found 1 important resistance 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 VWO is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VWO is neutral. |
ChartMill Relative Strength | 64.28 | NEUTRAL | VWO is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VWO is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VWO is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VWO is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 47.98 | NEUTRAL | The RSI value for VWO is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests VWO has a negative trend. |
Stochastics (14,3) | 47.73 | NEUTRAL | The Stochastics value for VWO is a neutral value. |
Average True Range in percent/ATR (20) | 0.92 | LOW VOLATILITY | The low ATR as a percentage value for VWO suggests low volalility. |
Average Directional Index/ADX (14) | 23.44 | NEUTRAL | The ADX value for VWO suggests a possible start of a new trend. |
47.56
-0.59 (-1.23%)