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- 4/5/2024 -
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Vanguard Value ETF (VTV) Technical Analysis

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Summary:
Weekly :Broken trend support lineBroken trend support lineRelative Strength Index and Williams' Percentage Range are overboughtLane's Stochastic is strongly overboughtStochastic has declined below the signal lineLane's Stochastic and MACD bearish divergence
Daily :Daily  MACD line has moved below its signal lineThe price has fallen below the Parabolic SAR
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It was the negative week for the Vanguard Value ETF (VTV). During the week, the VTV dropped -2.25 points, or -1.38%, and closed at 160.61 on Friday, April 5, 2024. It was the worst weekly loss since October 27, 2023. Weekly volume was 7% above average.

Long-term trend: [See VTV long-term trend chart]
A long-term uptrend had started on October 27, 2023 at 131.42 and reached 163.30 on March 28, 2024. VTV gained -31.88 points, or -24.26%, in 21 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (161.64) is broken. A broken support is considered to be a long-term bearish signal. 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 support in a long-term trend.

Medium-term trend: [See VTV medium-term trend chart]
A medium-term uptrend had started on January 18, 2024 at 146.67 and reached 163.30 on March 28, 2024. VTV gained -16.63 points, or -11.34%, in 10 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (161.76) is broken. A broken support is considered to be a long-term bearish signal. 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 support in a medium-term trend.

Weekly Technical Indicators: [See VTV weekly technical indicators chart]
Weekly Relative Strength Index and Williams' Percentage Range are overbought while Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Relative Strength Index and Williams' Percentage Range or strongly overbought weekly Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. 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, Relative Strength Index and Williams' Percentage Range help.

The weekly MACD line is above its signal line since November 24, 2023. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term uptrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.

Short-term trend: [See VTV short-term trend chart]
A short-term downtrend had started on March 28, 2024 at 163.30 and reached 159.23 on April 4, 2024. VTV lost 4.07 points, or 2.49%, in 7 days. The price is now at the 33.91% retracement level.

Daily Technical Indicators: [See VTV daily technical indicators chart]
Daily technical indicators are neutral.

During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.

During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 59.77
Williams' Percentage Range (W%R) 63.50
Lane's Stochastic (%D-Slow) 40.60
Greed/Fear Indicator (GFI) 45.61
Moving Average Converg./Diverg. (MACD) 1.66
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 83.77
Overbought
Williams' Percentage Range (W%R) 13.70
Overbought
Lane's Stochastic (%D-Slow) 91.84
Strong Overbought Bearish
Greed/Fear Indicator (GFI) 80.50
Overbought
Moving Average Converg./Diverg. (MACD) 3.80 Bearish
Trading Signals
Description Value Chart
Monthly Trendline Resistance 164.46
Quarterly Trendline Resistance 164.35
Parabolic System 163.38
Upper Bollinger Band 162.47
Weekly Stochastic Crossing 162.12
Monthly Trendline Support 161.76
Quarterly Trendline Support 161.64
Price 160.61
Daily Stochastic Crossing 160.51
20 Day Moving Average 160.19
Lower Bollinger Band 157.11
50 Day Moving Average 156.36
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 163.30
High Date 03/28/2024
Low 159.23
Low Date 04/04/2024
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 163.30
High Date 03/28/2024
Low 159.23
Low Date 04/04/2024
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Support
Resistance 164.46
Support 161.76
Low 146.67
Low Date 01/18/2024
High 163.30
High Date 03/28/2024
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Support
Resistance 164.35
Support 161.64
Low 131.42
Low Date 10/27/2023
High 163.30
High Date 03/28/2024
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 122.54
Low Date 10/13/2022
High 163.30
High Date 03/28/2024
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.