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Archive - 3/21/2025 - Sign In to see current Signals. |
Vanguard Information Technology ETF (VGT) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :     Move cursor over the icon to see details.
| | It was a first positive week after 4 consecutive negative weeks for the Vanguard Information Technology ETF (VGT). During the week, the VGT climbed 1.60 points, or 0.28%, and closed at 564.60 on Friday, March 21, 2025. VGT was trading at average weekly trading volume.
Long-term trend: [See VGT long-term trend chart] A long-term uptrend had started on October 13, 2022 at 291.61 and reached 648.80 on January 24, 2025. VGT gained -357.19 points, or -122.49%, in 119 weeks. The chart has formed a Rising Channel chart pattern. The price is near the trend support (559.73) line. The support is usually stronger when technical indicators are oversold. 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 support line in a long-term trend.
Medium-term trend: [See VGT medium-term trend chart] A medium-term downtrend had started on January 24, 2025 at 648.80 and reached 542.40 on March 11, 2025. VGT lost 106.40 points, or 16.40%, in 6 weeks. The chart has formed a Broadening Right-Angled, Descending Wedge chart pattern. The trend support level is at 524.58 and resistance is at 643.06. A Broadening Descending 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, Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Descending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See VGT weekly technical indicators chart] Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range. 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 below its signal line since January 10, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term downtrend is strong. Use the following link to access a MACD help.
Short-term trend: [See VGT short-term trend chart] A short-term downtrend had started on February 19, 2025 at 646.30 and reached 542.40 on March 11, 2025. VGT lost 103.90 points, or 16.08%, in 20 days. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (496.41) is broken. A broken support is considered to be a long-term bullish 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 resistance line in a short-term trend.
Daily Technical Indicators: [See VGT daily technical indicators chart] Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Use the following link to access Lane's Stochastic help. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward 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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