|
|
Archive - 5/29/2026 - Sign In to see current Signals. |
Valero Energy (VLO) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :  Move cursor over the icon to see details.
| | It was the negative week for the Valero Energy (VLO). During the week, the VLO gave back -2.14 points, or -0.87%, and closed at 244.82 on Friday, May 29, 2026. Weekly volume was -7% below average. VLO is a member of Energy Sector. Energy is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See VLO long-term trend chart] A long-term uptrend had started on March 18, 2020 at 31.00 and reached 263.75 on May 20, 2026. VLO gained -232.75 points, or -750.81%, in 322 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 115.37 and resistance is at 268.06. 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 VLO medium-term trend chart] A medium-term uptrend had started on April 7, 2025 at 99.00 and reached 263.75 on May 20, 2026. VLO gained -164.75 points, or -166.41%, in 58 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (196.21) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 VLO weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since January 16, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help.
Short-term trend: [See VLO short-term trend chart] A short-term uptrend had started on April 17, 2026 at 214.71 and reached 263.75 on May 20, 2026. VLO gained -49.04 points, or -22.84%, in 33 days. The chart has formed a Rising Channel chart pattern. The trend support level is at 239.07 and resistance is at 269.50. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a short-term trend.
Daily Technical Indicators: [See VLO daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since May 21, 2026. During the last week, the price has declined below 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. Price is close to the 50 Day Moving Average. 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.
| |
|
|