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Archive - 12/13/2024 - Sign In to see current Signals. |
Vanguard Mid-Cap Value ETF (VOE) 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 Value ETF (VOE). During the week, the VOE dropped -4.32 points, or -2.50%, and closed at 168.20 on Friday, December 13, 2024. It was the worst weekly loss since September 6, 2024. Weekly volume was -23% below average. Long-term trend: [See VOE long-term trend chart] A long-term uptrend had started on October 13, 2022 at 119.81 and reached 176.83 on November 27, 2024. VOE gained -57.02 points, or -47.59%, in 110 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (129.12) 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 VOE medium-term trend chart] A medium-term uptrend had started on April 16, 2024 at 146.37 and reached 176.83 on November 27, 2024. VOE gained -30.46 points, or -20.81%, in 32 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (169.65) 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. VOE 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 VOE weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since August 16, 2024. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help. Short-term trend: [See VOE short-term trend chart] A short-term downtrend had started on November 27, 2024 at 176.83 and reached 168.00 on December 13, 2024. VOE lost 8.83 points, or 4.99%, in 16 days. Price is near the trend low. Daily Technical Indicators: [See VOE 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 4, 2024. This is an indication that the short-term trend is down. During the last week, the price has crossed below the 50 Day Moving Average. While the medium-term trend is up and daily technical indicators are oversold, the 50 Day Moving Average is considered a support level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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