The Greedy Trader Weekly Analysis
Sign In Jan 23, 2026
Skip Navigation Links
Share
Number of records: 4
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Downtrend Resistance
Downtrend Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Stock market alert is a warning signal. Downtrend Resistance stock alert indicates that price is near long-term resistance trendline and probability of short-term trend reversal is high.

The strategy is based on selling long (or taking short) position on downtrend testing resistance. The strategy has low to medium risk and average reword.

Downtrend Resistance

Archive
- 1/16/2026 -
Sign In to see current Signals.

Vanguard Energy ETF (VDE) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Williams' Percentage Range is overboughtMACD bearish divergenceTrend resistance at 136.45
Daily :Williams' Percentage Range is overboughtLane's Stochastic bearish divergence20 Day Moving Average has crossed above the 50 Day Moving Average
Move cursor over the icon to see details.

It was a fourth consecutive positive week for the Vanguard Energy ETF (VDE). During the week, the VDE gained 3.42 points, or 2.61%, and closed at 134.62 on Friday, January 16, 2026. Weekly volume was 39% above average.

Long-term trend: [See VDE long-term trend chart]
A long-term downtrend had started on April 12, 2024 at 137.92 and reached 103.10 on April 9, 2025. VDE lost 34.82 points, or 25.25%, in 51 weeks. The chart has formed a Broadening Right-Angled, Descending Wedge chart pattern. The price is near the trend resistance line (136.45). 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 VDE medium-term trend chart]
A medium-term uptrend had started on October 16, 2025 at 119.84 and reached 136.96 on January 14, 2026. VDE gained -17.12 points, or -14.29%, in 12 weeks. The chart has formed a Broadening Right-Angled, Ascending Wedge chart pattern. The trend support level is at 123.52 and resistance is at 137.10. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Right-Angled, Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Ascending Wedge pattern in a medium-term trend.

Weekly Technical Indicators: [See VDE weekly technical indicators chart]
Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. Weekly MACD has bearish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with weekly 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 link to access Williams' Percentage Range help.

The weekly MACD line is above its signal line since June 6, 2025. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See VDE short-term trend chart]
A short-term uptrend had started on December 18, 2025 at 122.79 and reached 136.96 on January 14, 2026. VDE gained -14.17 points, or -11.54%, in 27 days. The price is now at the 16.51% retracement level.

Daily Technical Indicators: [See VDE daily technical indicators chart]
Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range. Daily 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 daily Lane's Stochastic bearish divergence. Use the following link to access Lane's Stochastic help.

The daily MACD line is above its signal line since December 31, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current short-term uptrend is strong.

During the last week, the 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish 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) 70.85
Williams' Percentage Range (W%R) 18.30
Overbought
Lane's Stochastic (%D-Slow) 78.02
Bearish
Greed/Fear Indicator (GFI) 76.84
Moving Average Converg./Diverg. (MACD) 1.19
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 70.79
Williams' Percentage Range (W%R) 15.20
Overbought
Lane's Stochastic (%D-Slow) 56.76
Greed/Fear Indicator (GFI) 66.50
Moving Average Converg./Diverg. (MACD) 1.31 Bearish
Trading Signals
Description Value Chart
Upper Bollinger Band 137.49
Monthly Trendline Resistance 137.10
Yearly Trendline Resistance 136.45
Daily Stochastic Crossing 135.05
Price 134.62
Weekly Stochastic Crossing 130.81
Parabolic System 130.60
20 Day Moving Average 128.46
50 Day Moving Average 127.75
Monthly Trendline Support 123.52
Lower Bollinger Band 122.32
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 126.90
Low Date 01/07/2026
High 136.96
High Date 01/14/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 122.79
Low Date 12/18/2025
High 136.96
High Date 01/14/2026
Description Value
Direction Up
Chart Pattern Broadening Right-Angled, Ascending Wedge
Status Valid
Resistance 137.10
Support 123.52
Low 119.84
Low Date 10/16/2025
High 136.96
High Date 01/14/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 103.10
Low Date 04/09/2025
High 136.96
High Date 01/14/2026
Description Value
Direction Down
Chart Pattern Broadening Right-Angled, Descending Wedge
Status Test Resistance
Resistance 136.45
Support 86.38
High 137.92
High Date 04/12/2024
Low 103.10
Low Date 04/09/2025
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.