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Archive
- 4/26/2024 -
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VENTAS INC (VTR) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a second consecutive positive week for the VENTAS INC (VTR). During the week, the VTR gained 0.87 points, or 2.02%, and closed at 44.00 on Friday, April 26, 2024. Weekly volume was -22% below average.
 Long-term trend: [See VTR long-term trend chart]
A long-term downtrend had started on March 29, 2022 at 64.02 and reached 35.33 on October 13, 2022. VTR lost 28.69 points, or 44.81%, in 28 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (41.59) 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. VTR 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 VTR medium-term trend chart]
A medium-term downtrend had started on December 28, 2023 at 50.99 and reached 41.45 on April 16, 2024. VTR lost 9.54 points, or 18.71%, in 15 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (41.34) 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. VTR 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 medium-term trend.
 Weekly Technical Indicators: [See VTR weekly technical indicators chart]
Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range. 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 link to access Williams' Percentage Range help.
The weekly MACD line is below its signal line since February 9, 2024. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
 Short-term trend: [See VTR short-term trend chart]
A short-term uptrend had started on April 16, 2024 at 41.45 and reached 44.25 on April 26, 2024. VTR gained -2.80 points, or -6.76%, in 10 days. The price is now at the 8.93% retracement level.
 Daily Technical Indicators: [See VTR daily technical indicators chart]
Daily Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic. Use the following link to access Lane's Stochastic help.
The daily MACD line is above its signal line since April 18, 2024. This is an indication that the short-term trend is up.
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 advanced above the 50 Day Moving Average. While the medium-term trend is down and daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. 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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