|
|
|
|
Archive
- 1/15/2021 -
Sign In to see current Signals. |
Vanguard Energy ETF (VDE) |
 |
| Summary:
| | Weekly : | | Daily :
Move cursor over the icon to see details.
| | It was a second positive week after 3 consecutive negative weeks for the Vanguard Energy ETF (VDE). During the week, the VDE gained 2.01 points, or 3.52%, and closed at 59.04 on Friday, January 15, 2021. Weekly volume was 26% above average.
 Long-term trend: [See VDE long-term trend chart]
A long-term downtrend had started on August 12, 2020 at 52.58 and reached 36.62 on October 29, 2020. VDE lost 15.96 points, or 30.35%, in 11 weeks. The price is now at the 140.48% retracement level.
 Medium-term trend: [See VDE medium-term trend chart]
A medium-term uptrend had started on December 21, 2020 at 50.59 and reached 62.00 on January 14, 2021. VDE gained -11.41 points, or -22.55%, in 3 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 52.77 and resistance is at 62.62. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
 Weekly Technical Indicators: [See VDE weekly technical indicators chart]
Weekly Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic or strongly overbought weekly Williams' Percentage Range. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. 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 December 4, 2020. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. Use the following link to access a MACD help.
Short-term trend: [See VDE short-term trend chart]
A short-term downtrend had started on January 14, 2021 at 62.00 and reached 58.41 on January 15, 2021. VDE lost 3.59 points, or 5.79%, in 1 days. The price is now at the 17.55% retracement level.
 Daily Technical Indicators: [See VDE daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic.
The daily MACD line is above its signal line since January 6, 2021.
| |
|
|
|
|
| Daily Oscillators |
|
|
| Weekly Oscillators |
|
|
| Trading
Signals |
|
|
|
| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
|
|
| Industry |
|
|
|
| Daily Trend |
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| High |
62.00 |
| High Date |
01/14/2021 |
| Low |
58.41 |
| Low Date |
01/15/2021 |
|
| Weekly Trend |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
|
| Resistance |
|
| Support |
|
| High |
62.00 |
| High Date |
01/14/2021 |
| Low |
58.41 |
| Low Date |
01/15/2021 |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Broadening Ascending Wedge |
| Status |
Valid |
| Resistance |
62.62 |
| Support |
52.77 |
| Low |
50.59 |
| Low Date |
12/21/2020 |
| High |
62.00 |
| High Date |
01/14/2021 |
|
| Quarterly Trend |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
|
| Resistance |
|
| Support |
|
| Low |
36.62 |
| Low Date |
10/29/2020 |
| High |
62.00 |
| High Date |
01/14/2021 |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
|
| Resistance |
|
| Support |
|
| High |
52.58 |
| High Date |
08/12/2020 |
| Low |
36.62 |
| Low Date |
10/29/2020 |
|
|