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Archive - 11/8/2024 - Sign In to see current Signals. |
VORNADO RLTY TR (VNO) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was a first positive week for the VORNADO RLTY TR (VNO). During the week, the VNO gained 4.53 points, or 10.99%, and closed at 45.76 on Friday, November 8, 2024. VNO was trading at average weekly trading volume. Long-term trend: [See VNO long-term trend chart] A long-term uptrend had started on May 17, 2023 at 12.31 and reached 45.89 on November 8, 2024. VNO gained -33.58 points, or -272.79%, in 77 weeks. Price is near the trend high. Medium-term trend: [See VNO medium-term trend chart] A medium-term uptrend had started on May 29, 2024 at 22.42 and reached 45.89 on November 8, 2024. VNO gained -23.47 points, or -104.68%, in 23 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (41.46) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 medium-term trend. Weekly Technical Indicators: [See VNO weekly technical indicators chart] Weekly Relative Strength Index is overbought while Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Relative Strength Index or strongly overbought weekly 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, Relative Strength Index and Williams' Percentage Range help. The weekly MACD line is above its signal line since July 12, 2024. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term uptrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help. Short-term trend: [See VNO short-term trend chart] A short-term uptrend had started on November 5, 2024 at 40.46 and reached 45.89 on November 8, 2024. VNO gained -5.43 points, or -13.42%, in 3 days. Price is near the trend high. Daily Technical Indicators: [See VNO 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. 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. The price has closed on Friday above the upper Bollinger Band. It is considered a bullish 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.
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