|
|
|
|
Archive
- 4/5/2024 -
Sign In to see current Signals. |
Vanguard Energy ETF (VDE) Technical Analysis
|
 |
| Summary:
| | Weekly : | | Daily :
Move cursor over the icon to see details.
| | It was a eighth consecutive positive week for the Vanguard Energy ETF (VDE). During the week, the VDE gained 5.00 points, or 3.80%, and closed at 136.70 on Friday, April 5, 2024. It was the best weekly gain since January 26, 2024. VDE was trading at average weekly trading volume.
 Long-term trend: [See VDE long-term trend chart]
A long-term uptrend had started on January 18, 2024 at 110.51 and reached 137.17 on April 5, 2024. VDE gained -26.66 points, or -24.12%, in 11 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (127.35) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
 Medium-term trend: [See VDE medium-term trend chart]
A medium-term uptrend had started on February 5, 2024 at 114.45 and reached 137.17 on April 5, 2024. VDE gained -22.72 points, or -19.85%, in 8 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (131.07) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
 Weekly Technical Indicators: [See VDE weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.
The weekly MACD line is above its signal line since February 23, 2024. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term uptrend is strong. Use the following link to access a MACD help.
 Short-term trend: [See VDE short-term trend chart]
A short-term uptrend had started on March 27, 2024 at 128.50 and reached 137.17 on April 5, 2024. VDE gained -8.67 points, or -6.75%, in 9 days. The price is now at the 5.42% retracement level.
 Daily Technical Indicators: [See VDE daily technical indicators chart]
Daily Relative Strength Index is overbought while Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Relative Strength Index or strongly overbought daily Williams' Percentage Range and Lane's Stochastic. Daily Relative Strength Index has bearish divergence. Use the following links to access the Relative Strength Index help, or use the Technical Stock Screener to see the list of stocks with daily Relative Strength Index bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Use the following link to access Relative Strength Index help.
The daily MACD line is above its signal line since January 24, 2024. This is an indication that the short-term trend is up.
| |
|
|
|
|
| Daily Oscillators |
|
|
| Weekly Oscillators |
|
|
| Trading
Signals |
|
|
|
| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
|
|
| Industry |
|
|
|
| Daily Trend |
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Low |
128.50 |
| Low Date |
03/27/2024 |
| High |
137.17 |
| High Date |
04/05/2024 |
|
| Weekly Trend |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
|
| Resistance |
|
| Support |
|
| Low |
128.50 |
| Low Date |
03/27/2024 |
| High |
137.17 |
| High Date |
04/05/2024 |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Rising Channel |
| Status |
Broken Resistance |
| Resistance |
134.71 |
| Support |
131.07 |
| Low |
114.45 |
| Low Date |
02/05/2024 |
| High |
137.17 |
| High Date |
04/05/2024 |
|
| Quarterly Trend |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Rising Wedge |
| Status |
Broken Resistance |
| Resistance |
125.37 |
| Support |
127.35 |
| Low |
110.51 |
| Low Date |
01/18/2024 |
| High |
137.17 |
| High Date |
04/05/2024 |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
|
| Resistance |
|
| Support |
|
| High |
131.07 |
| High Date |
09/14/2023 |
| Low |
110.51 |
| Low Date |
01/18/2024 |
|
|