


Technical Sentiment Analysis for VanEck Africa Index ETF (AFK). As of 2026-03-04, VanEck Africa Index ETF (AFK) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 7 indicators are flashing buy, while 5 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for AFK stands at 42.15, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.25, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 40.38 and the Commodity Channel Index (CCI) at -94.84 further confirm a -1.52 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, AFK is trading above its 60-day moving average of $27.85 and above its 200-day long-term moving average of $23.89. Key price levels to watch include the immediate resistance at $31.3 and strong support at $27.33. A break above $31.3 could signal a bull continuation, while falling below $27.33 may test the next Fibonacci floor at $25.01.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 23.36 | 25.01 | 27.33 | 28.98 | 31.3 | 32.95 | 35.27 |
| Fibonacci | 25.01 | 26.52 | 27.46 | 28.98 | 30.49 | 31.43 | 32.95 |
2026-03-04
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 42.15 |
| Stochastic Oscillator | 40.38 |
| Stochastic RSI | 62.6 |
| Commodity Channel Index (CCI) | -94.84 |
| Awesome Oscillator | 0.31 |
| Momentum | -1.52 |
| MACD | 0.25 |
2026-03-04
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 29.29 | Sell |
| 10-Day | 29.64 | Sell |
| 20-Day | 29.16 | Sell |
| 60-Day | 27.85 | Buy |
| 200-Day | 23.89 | Buy |
| 250-Day | 22.59 | Buy |