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Archive
- 4/26/2024 -
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Vanguard Dividend Appreciation ETF (VIG) Technical Analysis

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Summary:
Weekly :
Daily :20 Day Moving Average has crossed below the 50 Day Moving AverageStochastic signal line moved above oversold areaDaily  MACD line has moved above its signal lineThe price has risen above the Parabolic SARThe price is close to the moving average in the center of the Bollinger Bands
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It was a first positive week after 3 consecutive negative weeks for the Vanguard Dividend Appreciation ETF (VIG). During the week, the VIG gained 2.59 points, or 1.49%, and closed at 176.73 on Friday, April 26, 2024. It was the best weekly gain since February 23, 2024. Weekly volume was -41% below average.

Long-term trend: [See VIG long-term trend chart]
A long-term uptrend had started on October 13, 2022 at 132.64 and reached 183.52 on March 21, 2024. VIG gained -50.88 points, or -38.36%, in 75 weeks. The price is now at the 13.35% retracement level.

Medium-term trend: [See VIG medium-term trend chart]
A medium-term downtrend had started on March 21, 2024 at 183.52 and reached 173.17 on April 17, 2024. VIG lost 10.35 points, or 5.64%, in 3 weeks. The price is now at the 34.40% retracement level.

Weekly Technical Indicators: [See VIG weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since April 12, 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 VIG short-term trend chart]
A short-term uptrend had started on April 17, 2024 at 173.17 and reached 177.30 on April 26, 2024. VIG gained -4.13 points, or -2.38%, in 9 days. The price is now at the 13.80% retracement level.

Daily Technical Indicators: [See VIG daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish 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 link to access Lane's Stochastic help.

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.

The price is close to 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 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 38.03
Williams' Percentage Range (W%R) 67.60
Lane's Stochastic (%D-Slow) 71.16
Greed/Fear Indicator (GFI) 47.21
Moving Average Converg./Diverg. (MACD) -0.88
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 60.31
Williams' Percentage Range (W%R) 37.90
Lane's Stochastic (%D-Slow) 47.98
Greed/Fear Indicator (GFI) 54.77
Moving Average Converg./Diverg. (MACD) 4.58
Trading Signals
Description Value Chart
Upper Bollinger Band 181.68
50 Day Moving Average 178.38
Weekly Stochastic Crossing 177.28
20 Day Moving Average 177.05
Price 176.73
Daily Stochastic Crossing 176.40
Parabolic System 173.91
Lower Bollinger Band 172.12
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 173.17
Low Date 04/17/2024
High 177.30
High Date 04/26/2024
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 173.17
Low Date 04/17/2024
High 177.30
High Date 04/26/2024
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 183.52
High Date 03/21/2024
Low 173.17
Low Date 04/17/2024
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 149.67
Low Date 10/27/2023
High 183.52
High Date 03/21/2024
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 132.64
Low Date 10/13/2022
High 183.52
High Date 03/21/2024
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.