VANECK ENERGY INCOME ETF (EINC) Stock Technical Analysis
NYSEARCA:EINC - NYSE Arca - US92189H8705 - ETF - Currency: USD
Taking everything into account, EINC scores 5 out of 10 in our technical rating. Although EINC is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Warning: EINC has an average volume of 6254 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Looking at the yearly performance, EINC did better than 85% of all other stocks. We also observe that the gains produced by EINC over the past year are nicely spread over this period.
EINC is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so EINC slightly outperforms the market at the moment.
In the last month EINC has a been trading in the 80.41 - 101.84 range, which is quite wide. It is currently trading near the high of this range.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Although the technical rating is only medium, EINC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 96.19, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for EINC in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
83.94
105.01
We found 4 important support areas.
- A support zone ranging from 93.91 to 96.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 89.27 to 90.38. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 86.90 to 87.57. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @84.79 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 101.23 to 101.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 103.00 to 103.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.3
Mansfield1.14
10 Day High96.69
10 Day Low88.5
20 Day High101.85
20 Day Low80.41
52 Week High104.7
52 Week Low73.35
Performance
1 Week1.29%
2 Weeks8.91%
1 Month-3.62%
3 Month-5.41%
6 Month8.49%
12 Month25.71%
2 Year54.23%
3 Year53.13%
5 Year161.46%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.56
RSI(14)53.29
LBB86.59
UBB98.25
96.58
+0.27 (+0.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.28%
1 Week1.29%
2 Weeks8.91%
1 Month-3.62%
3 Month-5.41%
6 Month8.49%
12 Month25.71%
2 Year54.23%
3 Year53.13%
5 Year161.46%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.33
ATR(20)%3.38%
ATR Inc-60.63%
Range Today0.95
ADR(20)2.59
ADR(20)%2.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.3
Mansfield1.14
10 Day High96.69
10 Day Low88.5
20 Day High101.85
20 Day Low80.41
52 Week High104.7
52 Week Low73.35
CS1 End96.19
CR1 Start101.23
Volume & EV
DER(3)7.65%
DER(5)4.75%
Volume3.53K
Volume Incr-22.66%
Vol(5)5.46K
Vol(50)6.25K