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Downtrend ExhaustionArchive - 10/16/2026 - Sign In to see current Signals. |
Vanguard Materials ETF (VAW) Technical Analysis
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| Summary:
| | Weekly :   | | Daily : Move cursor over the icon to see details.
| | It was a second consecutive positive week for the Vanguard Materials ETF (VAW). During the week, the VAW gained 3.55 points, or 1.60%, and closed at 225.12 on Friday, October 16, 2026. It was the best weekly gain since August 21, 2026. Weekly volume was 164% above average.
Long-term trend: [See VAW long-term trend chart] A long-term uptrend had started on April 8, 2025 at 161.40 and reached 245.26 on February 25, 2026. VAW gained -83.86 points, or -51.96%, in 46 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend support line (231.88) 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 VAW medium-term trend chart] A medium-term downtrend had started on August 26, 2026 at 242.38 and reached 214.55 on October 1, 2026. VAW lost 27.83 points, or 11.48%, in 5 weeks. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Weekly Technical Indicators: [See VAW weekly technical indicators chart] Weekly Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold 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 link to access Lane's Stochastic help. The weekly MACD line is below its signal line since September 4, 2026. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
Short-term trend: [See VAW short-term trend chart] A short-term uptrend had started on October 1, 2026 at 214.55 and reached 227.88 on October 16, 2026. VAW gained -13.33 points, or -6.21%, in 15 days. The price is now at the 20.71% retracement level.
Daily Technical Indicators: [See VAW daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since October 5, 2026. This is an indication that the short-term trend is up. During the last week, the price has moved above 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.
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