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Archive - 5/29/2026 - Sign In to see current Signals. |
Vanguard Materials ETF (VAW) Technical Analysis
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| Summary:
| | Weekly : | | Daily :    Move cursor over the icon to see details.
| | It was a second consecutive positive week for the Vanguard Materials ETF (VAW). During the week, the VAW gained 4.79 points, or 2.10%, and closed at 232.57 on Friday, May 29, 2026. Weekly volume was -8% below average.
Long-term trend: [See VAW long-term trend chart] A long-term uptrend had started on April 8, 2025 at 161.40 and reached 245.26 on February 25, 2026. VAW gained -83.86 points, or -51.96%, in 46 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 214.03 and resistance is at 265.17. 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 long-term trend.
Medium-term trend: [See VAW medium-term trend chart] A medium-term downtrend had started on February 25, 2026 at 245.26 and reached 210.14 on March 20, 2026. VAW lost 35.12 points, or 14.32%, in 3 weeks. Price is near the Fibonacci 61.8% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Weekly Technical Indicators: [See VAW weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since March 20, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. Use the following link to access a MACD help.
Short-term trend: [See VAW short-term trend chart] A short-term uptrend had started on May 19, 2026 at 220.68 and reached 234.11 on May 29, 2026. VAW gained -13.43 points, or -6.09%, in 10 days. The price is now at the 11.47% retracement level.
Daily Technical Indicators: [See VAW daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band. During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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