The Greedy Trader Weekly Analysis
Sign In May 17, 2024
Skip Navigation Links
Share
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Archive
- 5/10/2024 -
Sign In to see current Signals.

Vanguard International High Dividend Yield Index Fund ETF Shares (VYMI) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Williams' Percentage Range is strongly overboughtLane's Stochastic and MACD bearish divergenceBroken trend resistance line
Daily :Williams' Percentage Range and Lane's Stochastic are strongly overbought
Move cursor over the icon to see details.

It was a third positive week after 3 consecutive negative weeks for the Vanguard International High Dividend Yield Index Fund ETF Shares (VYMI). During the week, the VYMI gained 1.33 points, or 1.92%, and closed at 70.51 on Friday, May 10, 2024. Weekly volume was -8% below average.

Long-term trend: [See VYMI long-term trend chart]
A long-term downtrend had started on February 10, 2022 at 71.37 and reached 51.24 on October 13, 2022. VYMI lost 20.13 points, or 28.21%, in 35 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (63.29) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. VYMI may retest the broken resistance line. It is considered to be a support line now. 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 VYMI medium-term trend chart]
A medium-term uptrend had started on October 27, 2023 at 59.20 and reached 70.74 on May 10, 2024. VYMI gained -11.54 points, or -19.49%, in 28 weeks. Price is near the trend high.

Weekly Technical Indicators: [See VYMI weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range. Weekly Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading 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 November 17, 2023. 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 VYMI short-term trend chart]
A short-term uptrend had started on April 16, 2024 at 65.99 and reached 70.74 on May 10, 2024. VYMI gained -4.75 points, or -7.20%, in 24 days. Price is near the trend high.

Daily Technical Indicators: [See VYMI daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range and Lane's Stochastic.

The daily MACD line is above its signal line since April 25, 2024. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term uptrend is strong.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 77.27
Williams' Percentage Range (W%R) 0.40
Strong Overbought
Lane's Stochastic (%D-Slow) 95.21
Strong Overbought
Greed/Fear Indicator (GFI) 90.69
Strong Overbought
Moving Average Converg./Diverg. (MACD) 0.31
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 73.57
Williams' Percentage Range (W%R) 0.30
Strong Overbought
Lane's Stochastic (%D-Slow) 67.15
Bearish
Greed/Fear Indicator (GFI) 76.40
Moving Average Converg./Diverg. (MACD) 1.20 Bearish
Trading Signals
Description Value Chart
Upper Bollinger Band 71.31
Daily Stochastic Crossing 70.56
Price 70.51
Weekly Stochastic Crossing 69.04
Parabolic System 69.03
50 Day Moving Average 68.32
20 Day Moving Average 68.22
Lower Bollinger Band 66.25
Yearly Trendline Resistance 63.32
Yearly Trendline Support 63.29
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 67.60
Low Date 05/01/2024
High 70.74
High Date 05/10/2024
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 65.99
Low Date 04/16/2024
High 70.74
High Date 05/10/2024
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 59.20
Low Date 10/27/2023
High 70.74
High Date 05/10/2024
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 51.24
Low Date 10/13/2022
High 70.74
High Date 05/10/2024
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 63.32
Support 63.29
High 71.37
High Date 02/10/2022
Low 51.24
Low Date 10/13/2022
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.