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Archive - 3/21/2025 - Sign In to see current Signals. |
Valero Energy (VLO) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :    Move cursor over the icon to see details.
| | It was a second positive week after 3 consecutive negative weeks for the Valero Energy (VLO). During the week, the VLO gained 2.40 points, or 1.86%, and closed at 131.50 on Friday, March 21, 2025. It was the best weekly gain since January 17, 2025. Weekly volume was 42% above average. VLO is a member of Energy Sector. Energy is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See VLO long-term trend chart] A long-term downtrend had started on April 5, 2024 at 184.79 and reached 116.80 on December 23, 2024. VLO lost 67.99 points, or 36.79%, in 37 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Medium-term trend: [See VLO medium-term trend chart] A medium-term uptrend had started on December 23, 2024 at 116.80 and reached 144.10 on February 4, 2025. VLO gained -27.30 points, or -23.37%, in 6 weeks. The price is now at the 46.15% retracement level.
Weekly Technical Indicators: [See VLO weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since January 17, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. Use the following link to access a MACD help.
Short-term trend: [See VLO short-term trend chart] A short-term downtrend had started on February 4, 2025 at 144.10 and reached 119.70 on March 5, 2025. VLO lost 24.40 points, or 16.93%, in 29 days. The chart has formed a Broadening Descending Wedge chart pattern. The downtrend resistance line (111.76) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. VLO may retest the broken resistance line. It is considered to be a support 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 resistance line in a short-term trend.
Daily Technical Indicators: [See VLO daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and 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 links to access Lane's Stochastic and Williams' Percentage Range 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 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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