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Uptrend ExhaustionArchive - 11/15/2024 - Sign In to see current Signals. |
Vanguard Small Cap ETF (VB) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the Vanguard Small Cap ETF (VB). During the week, the VB dropped -6.80 points, or -2.69%, and closed at 246.30 on Friday, November 15, 2024. It was the worst weekly loss since September 6, 2024. Weekly volume was 50% above average. Long-term trend: [See VB long-term trend chart] A long-term uptrend had started on October 27, 2023 at 174.86 and reached 257.30 on November 11, 2024. VB gained -82.44 points, or -47.15%, in 54 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend resistance line (248.42). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a long-term trend. Medium-term trend: [See VB medium-term trend chart] A medium-term uptrend had started on August 5, 2024 at 209.81 and reached 257.30 on November 11, 2024. VB gained -47.49 points, or -22.63%, in 14 weeks. The chart has formed a Rising Wedge chart pattern. The trend support level is at 241.85 and resistance is at 247.00. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern in a medium-term trend. Weekly Technical Indicators: [See VB 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. 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 has bearish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic 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 and Williams' Percentage Range help. The weekly MACD line is above its signal line since September 13, 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 VB short-term trend chart] A short-term uptrend had started on October 23, 2024 at 234.99 and reached 257.30 on November 11, 2024. VB gained -22.31 points, or -9.49%, in 19 days. The price is now at the 49.31% retracement level. Daily Technical Indicators: [See VB daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. The daily MACD line is above its signal line since November 5, 2024. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak. 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.
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