VY GLOBAL GROWTH-CL A (VYGG) Technical Analysis
NYSE:VYGG • KYG9444H1002
Taking everything into account, VYGG scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, VYGG is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that VYGG is one of the better performing stocks in the market, outperforming 87% of all stocks.
- A new 52 week high is currently being made by VYGG, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month VYGG has a been trading in a tight range between 9.99 and 10.05.
VYGG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 10.06. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.03, a Stop Loss order could be placed below this zone.
More info and screens
9.59
When analyzing the support we notice one important area.
- A support zone ranging from 9.69 to 10.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 10.06 to 10.06. 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 VYGG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for VYGG is up. |
| ChartMill Relative Strength | 87.47 | POSITIVE | VYGG has a high relative strength, it outperformed 87.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VYGG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VYGG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VYGG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.95 | NEUTRAL | The RSI value for VYGG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests VYGG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 97.44 | OVERBOUGHT | The high Stochastics value suggests VYGG may be overbought. |
| Average True Range in percent/ATR (20) | 0.16 | LOW VOLATILITY | The low ATR as a percentage value for VYGG suggests low volalility. |
| Average Directional Index/ADX (14) | 33.34 | POSITIVE | The high ADX value value for VYGG suggests a strong 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 |
|---|---|---|---|
| 10.07 | 9.98 | 0.09 (0.89%) | 25.00% |
| An entry @10.07. This is a Buy Stop order right above the resistance zone. | An exit @9.98. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.09 points, which is 0.89%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.22%. |
- 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.
VYGG Technicals: Chart, Performance Metrics, Trend & Indicators
10.05
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VY GLOBAL GROWTH-CL A / VYGG FAQ
Can you provide the ChartMill technical rating for VY GLOBAL GROWTH-CL A?
ChartMill assigns a technical rating of 8 / 10 to VYGG.
Can you provide the trend direction for VY GLOBAL GROWTH-CL A?
The current trend direction for VY GLOBAL GROWTH-CL A (VYGG) is Bullish.
Can you provide the RSI signal for VY GLOBAL GROWTH-CL A?
VY GLOBAL GROWTH-CL A (VYGG) has an RSI value of 66.9537. This indicates that the stock is currently neutral.
What is the MACD signal for VY GLOBAL GROWTH-CL A (VYGG) stock?
The MACD indicator for VY GLOBAL GROWTH-CL A (VYGG) has a value of 0.00214399, indicating a bearish trend.
Can you provide the buy/sell signal for VY GLOBAL GROWTH-CL A?
The buy/sell signal for VY GLOBAL GROWTH-CL A (VYGG) is buy as both the short term and long term trends are positive.