


Technical Sentiment Analysis for VanEck Africa Index ETF (AFK). As of 2026-04-16, VanEck Africa Index ETF (AFK) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 9 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for AFK stands at 61.19, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.32, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 92.09 and the Commodity Channel Index (CCI) at 117.85 further confirm a 1.83 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, AFK is trading above its 60-day moving average of $27.73 and above its 200-day long-term moving average of $24.94. Key price levels to watch include the immediate resistance at $28.83 and strong support at $25.75. A break above $28.83 could signal a bull continuation, while falling below $25.75 may test the next Fibonacci floor at $24.17.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 22.67 | 24.17 | 25.75 | 27.25 | 28.83 | 30.33 | 31.91 |
| Fibonacci | 24.17 | 25.35 | 26.07 | 27.25 | 28.43 | 29.15 | 30.33 |
2026-04-16
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 61.19 |
| Stochastic Oscillator | 92.09 |
| Stochastic RSI | 93 |
| Commodity Channel Index (CCI) | 117.85 |
| Awesome Oscillator | 1.34 |
| Momentum | 1.83 |
| MACD | 0.32 |
2026-04-16
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 28.06 | Buy |
| 10-Day | 27.33 | Buy |
| 20-Day | 26.28 | Buy |
| 60-Day | 27.73 | Buy |
| 200-Day | 24.94 | Buy |
| 250-Day | 23.72 | Buy |