VANECK COMMODITY STRAT ETF (PIT) Stock Technical Analysis
NYSEARCA:PIT - NYSE Arca - US92189H7715 - ETF - Currency: USD
Taking everything into account, PIT scores 4 out of 10 in our technical rating. PIT has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Warning: PIT has an average volume of 2079 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When comparing the performance of all stocks over the past year, PIT turns out to be only a medium performer in the overall market: it outperformed 61% of all stocks.
PIT is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month PIT has a been trading in the 45.32 - 51.30 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
PIT has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
44.86
51.81
When analyzing the support we can see 3 important areas.
- A support zone ranging from 48.51 to 49.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @47.26 from a horizontal line in the weekly time frame.
- A support zone ranging from 45.31 to 46.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 50.18 to 51.30. 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
CRS61.01
Mansfield0.49
10 Day High49.48
10 Day Low46.32
20 Day High51.3
20 Day Low45.32
52 Week High51.3
52 Week Low45.32
Performance
1 Week1.65%
2 Weeks4.6%
1 Month-1.92%
3 Month0.43%
6 Month0.36%
12 Month-1.03%
2 Year2.44%
3 YearN/A
5 YearN/A
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)0.19
RSI(14)55
LBB45.54
UBB50.34
NYSEARCA:PIT (4/24/2025, 6:37:04 PM)
49.475
+0.46 (+0.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.93%
1 Week1.65%
2 Weeks4.6%
1 Month-1.92%
3 Month0.43%
6 Month0.36%
12 Month-1.03%
2 Year2.44%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.81
ATR(20)%1.48%
ATR Inc-54.59%
Range Today0.06
ADR(20)0.36
ADR(20)%0.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.01
Mansfield0.49
10 Day High49.48
10 Day Low46.32
20 Day High51.3
20 Day Low45.32
52 Week High51.3
52 Week Low45.32
CS1 End49.18
CR1 Start50.18
Volume & EV
DER(3)333.33%
DER(5)600%
Volume178
Volume Incr-90.69%
Vol(5)295.6
Vol(50)2.08K