


Technical Sentiment Analysis for VanEck Africa Index ETF (AFK). As of 2026-05-06, VanEck Africa Index ETF (AFK) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 14 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for AFK stands at 58.43, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.03, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 31.93 and the Commodity Channel Index (CCI) at 33.11 further confirm a 0.01 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, AFK is trading above its 60-day moving average of $27.44 and above its 200-day long-term moving average of $25.41. Key price levels to watch include the immediate resistance at $28.11 and strong support at $26.08. A break above $28.11 could signal a bull continuation, while falling below $26.08 may test the next Fibonacci floor at $25.14.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 24.05 | 25.14 | 26.08 | 27.17 | 28.11 | 29.2 | 30.14 |
| Fibonacci | 25.14 | 25.91 | 26.39 | 27.17 | 27.94 | 28.42 | 29.2 |
2026-05-06
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 58.43 |
| Stochastic Oscillator | 31.93 |
| Stochastic RSI | 22.26 |
| Commodity Channel Index (CCI) | 33.11 |
| Awesome Oscillator | 0.21 |
| Momentum | 0.01 |
| MACD | 0.03 |
2026-05-06
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 27.05 | Buy |
| 10-Day | 27.03 | Buy |
| 20-Day | 27.58 | Buy |
| 60-Day | 27.44 | Buy |
| 200-Day | 25.41 | Buy |
| 250-Day | 24.26 | Buy |