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Uptrend Broken SupportArchive - 1/10/2025 - Sign In to see current Signals. |
VIVENDI-ADR (V) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the VIVENDI-ADR (V). During the week, the V dropped -7.20 points, or -2.29%, and closed at 307.70 on Friday, January 10, 2025. It was the worst weekly loss since October 25, 2024. Weekly volume was -11% below average. V is a member of Information Technology Sector. Information Technology 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 V long-term trend chart] A long-term uptrend had started on June 28, 2023 at 226.02 and reached 321.60 on December 18, 2024. V gained -95.58 points, or -42.29%, in 77 weeks. The price is now at the 14.54% retracement level. Medium-term trend: [See V medium-term trend chart] A medium-term uptrend had started on September 25, 2024 at 268.23 and reached 321.60 on December 18, 2024. V gained -53.37 points, or -19.90%, in 12 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (322.88) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. V may retest the broken support line. It is considered to be a resistance 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 support in a medium-term trend. Weekly Technical Indicators: [See V weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range and Lane's Stochastic. 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 and Williams' Percentage Range help. The weekly MACD line is above its signal line since September 6, 2024. This is an indication that the medium-term trend is up. Use the following link to access a MACD help. Short-term trend: [See V short-term trend chart] A short-term downtrend had started on December 24, 2024 at 321.50 and reached 306.00 on January 10, 2025. V lost 15.50 points, or 4.82%, in 17 days. The price is now at the 10.97% retracement level. Daily Technical Indicators: [See V daily technical indicators chart] Daily Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Lane's Stochastic. The daily MACD line is below its signal line since December 27, 2024. This is an indication that the short-term trend is down. The price touches the lower Bollinger Band. 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 crossed below the 50 Day Moving Average. While the medium-term trend is up and daily technical indicators are oversold, the 50 Day Moving Average is considered a support 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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