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Archive - 12/13/2024 - Sign In to see current Signals. |
Vanguard Mid Cap ETF (VO) 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 Mid Cap ETF (VO). During the week, the VO dropped -7.04 points, or -2.48%, and closed at 276.40 on Friday, December 13, 2024. It was the worst weekly loss since September 6, 2024. Weekly volume was -8% below average. Long-term trend: [See VO long-term trend chart] A long-term uptrend had started on October 13, 2022 at 182.88 and reached 285.60 on November 27, 2024. VO gained -102.72 points, or -56.17%, in 110 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (250.31) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 long-term trend. Medium-term trend: [See VO medium-term trend chart] A medium-term uptrend had started on March 24, 2023 at 197.58 and reached 285.60 on November 27, 2024. VO gained -88.02 points, or -44.55%, in 87 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (246.24) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 VO weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range and Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). 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 links to access Lane's Stochastic and Williams' Percentage Range help. The weekly MACD line is above its signal line since August 23, 2024. This is an indication that the medium-term trend is up. Use the following link to access a MACD help. Short-term trend: [See VO short-term trend chart] A short-term uptrend had started on November 4, 2024 at 261.80 and reached 285.60 on November 27, 2024. VO gained -23.80 points, or -9.09%, in 23 days. The chart has formed a Rising Wedge chart pattern. The uptrend support line (286.49) 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. VO 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 short-term trend. Daily Technical Indicators: [See VO daily technical indicators chart] Daily Lane's Stochastic is strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Lane's Stochastic. The daily MACD line is below its signal line since December 5, 2024. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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. During the last week, the price has declined below 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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