VANECK VIETNAM ETF (VNM) Stock Technical Analysis
NYSEARCA:VNM - NYSE Arca - US92189F8178 - ETF - Currency: USD
We assign a technical rating of 2 out of 10 to VNM. Recently some decent action could be observed, but in the medium term time frame this is still negative. VNM was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, VNM is a bad performer in the overall market: 70% of all stocks are doing better.
VNM is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
VNM is an average performer in the Automobile Components industry, it outperforms 40% of 83 stocks in the same industry.
In the last month VNM has a been trading in a tight range between 11.28 and 11.84.
VNM has a poor technical rating and the quality of the setup is also only medium 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
11.01
12.98
We found 2 important support areas.
- A support zone ranging from 11.40 to 11.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.12 to 11.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- Resistance @11.78 from a trend line in the weekly time frame.
- Resistance @12.01 from a horizontal line in the daily time frame.
- Strong resistance @12.55 from a horizontal line in the daily time frame.
- A resistance zone ranging from 12.81 to 12.85. 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
CRS30.44
Mansfield-1.15
10 Day High11.84
10 Day Low11.28
20 Day High11.84
20 Day Low11.28
52 Week High13.91
52 Week Low11.1
Performance
1 Week2.26%
2 Weeks1.38%
1 Month1.82%
3 Month1.38%
6 Month-6.45%
12 Month-10.03%
2 Year4.35%
3 Year-39.77%
5 Year-14.48%
10 Year-40.14%
15 Year-53.21%
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)0.04
RSI(14)59.22
LBB11.24
UBB11.85
11.75
-0.07 (-0.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg-0.59%
1 Week2.26%
2 Weeks1.38%
1 Month1.82%
3 Month1.38%
6 Month-6.45%
12 Month-10.03%
2 Year4.35%
3 Year-39.77%
5 Year-14.48%
10 Year-40.14%
15 Year-53.21%
Volatility
ATR(14)0.13
ATR(20)%1.02%
ATR Inc7.62%
Range Today0.14
ADR(20)0.1
ADR(20)%0.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.44
Mansfield-1.15
10 Day High11.84
10 Day Low11.28
20 Day High11.84
20 Day Low11.28
52 Week High13.91
52 Week Low11.1
CS1 End11.71
CR1 Start11.78
Volume & EV
DER(3)0.04%
DER(5)-0.61%
Volume364.10K
Volume Incr45.67%
Vol(5)454.08K
Vol(50)347.89K