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Archive - 4/4/2025 - Sign In to see current Signals. |
Vanguard European Stock ETF (VGK) 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 European Stock ETF (VGK). During the week, the VGK dropped -5.96 points, or -8.40%, and closed at 65.02 on Friday, April 4, 2025. Weekly volume was 149% above average.
Long-term trend: [See VGK long-term trend chart] A long-term uptrend had started on October 13, 2022 at 44.99 and reached 73.72 on March 19, 2025. VGK gained -28.73 points, or -63.86%, in 126 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 63.95 and resistance is at 75.72. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a long-term trend.
Medium-term trend: [See VGK medium-term trend chart] A medium-term uptrend had started on January 13, 2025 at 62.58 and reached 73.72 on March 19, 2025. VGK gained -11.14 points, or -17.80%, in 9 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (74.33) 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. VGK 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 VGK weekly technical indicators chart] Weekly technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish 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 Lane's Stochastic help. The weekly MACD line is above its signal line since January 31, 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 VGK short-term trend chart] A short-term downtrend had started on March 19, 2025 at 73.72 and reached 64.99 on April 4, 2025. VGK lost 8.73 points, or 11.84%, in 16 days. Price is near the trend low.
Daily Technical Indicators: [See VGK daily technical indicators chart] Daily Relative Strength Index and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Relative Strength Index and Lane's Stochastic. Use the following link to access Relative Strength Index help. The daily MACD line is below its signal line since March 19, 2025. This is an indication that the short-term trend is down. The price has closed on Friday below the lower Bollinger Band. It is considered a bearish signal. 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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