The Greedy Trader Weekly Analysis
Sign In Dec 20, 2024
Skip Navigation Links
Share
Symbol:  

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

Archive
- 12/13/2024 -
Sign In to see current Signals.

Vanguard REIT Index ETF (VNQ) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken trend support lineBroken trend support line
Daily :Williams' Percentage Range oversoldLane's Stochastic is strongly oversold
Move cursor over the icon to see details.

It was the negative week for the Vanguard REIT Index ETF (VNQ). During the week, the VNQ dropped -1.76 points, or -1.84%, and closed at 93.85 on Friday, December 13, 2024. Weekly volume was -26% below average.

Long-term trend: [See VNQ long-term trend chart]
A long-term uptrend had started on April 18, 2024 at 78.27 and reached 99.58 on September 18, 2024. VNQ gained -21.31 points, or -27.23%, in 21 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (95.02) 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. VNQ 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 long-term trend.

Medium-term trend: [See VNQ medium-term trend chart]
A medium-term uptrend had started on November 6, 2024 at 92.37 and reached 99.20 on November 27, 2024. VNQ gained -6.83 points, or -7.39%, in 3 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend support line (94.75) 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. VNQ 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 VNQ weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since November 1, 2024. The distance between MACD and the signal line is low, but getting bigger. Use the following link to access a MACD help.

Short-term trend: [See VNQ short-term trend chart]
A short-term downtrend had started on November 27, 2024 at 99.20 and reached 93.59 on December 13, 2024. VNQ lost 5.61 points, or 5.66%, in 16 days. Price is near the trend low.

Daily Technical Indicators: [See VNQ daily technical indicators chart]
Daily Williams' Percentage Range is oversold while Lane's Stochastic is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Williams' Percentage Range or strongly oversold daily 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.

The daily MACD line is below its signal line since December 5, 2024. This is an indication that the short-term trend is down.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 34.38
Williams' Percentage Range (W%R) 84.20
Oversold
Lane's Stochastic (%D-Slow) 9.98
Strong Oversold
Greed/Fear Indicator (GFI) 20.06
Moving Average Converg./Diverg. (MACD) 0.09
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 48.05
Williams' Percentage Range (W%R) 47.60
Lane's Stochastic (%D-Slow) 46.78
Greed/Fear Indicator (GFI) 48.02
Moving Average Converg./Diverg. (MACD) 2.71
Trading Signals
Description Value Chart
Weekly Trendline Resistance 101.73
Monthly Trendline Resistance 100.99
Upper Bollinger Band 98.30
Parabolic System 97.04
20 Day Moving Average 95.82
Weekly Stochastic Crossing 95.80
50 Day Moving Average 95.45
Monthly Trendline Support 95.02
Weekly Trendline Support 94.75
Price 93.85
Daily Stochastic Crossing 93.81
Lower Bollinger Band 92.71
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 99.20
High Date 11/27/2024
Low 93.59
Low Date 12/13/2024
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Broken Support
Resistance 101.73
Support 94.75
Low 92.37
Low Date 11/06/2024
High 99.20
High Date 11/27/2024
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Support
Resistance 100.99
Support 95.02
Low 78.27
Low Date 04/18/2024
High 99.58
High Date 09/18/2024
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 70.61
Low Date 10/30/2023
High 99.58
High Date 09/18/2024
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 116.71
High Date 12/31/2021
Low 70.61
Low Date 10/30/2023
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.