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Archive - 12/13/2024 - Sign In to see current Signals. |
Vanguard Telecom Services ETF (VOX) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was a fourth consecutive positive week for the Vanguard Telecom Services ETF (VOX). During the week, the VOX climbed 0.14 points, or 0.09%, and closed at 161.30 on Friday, December 13, 2024. VOX was trading at average weekly trading volume. Long-term trend: [See VOX long-term trend chart] A long-term uptrend had started on November 4, 2022 at 78.27 and reached 164.00 on December 12, 2024. VOX gained -85.73 points, or -109.53%, in 109 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (126.81) 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 long-term trend. Medium-term trend: [See VOX medium-term trend chart] A medium-term uptrend had started on October 26, 2023 at 100.32 and reached 164.00 on December 12, 2024. VOX gained -63.68 points, or -63.48%, in 59 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (141.29) 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 VOX weekly technical indicators chart] Weekly Relative Strength Index and Lane's Stochastic are overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Relative Strength Index and Lane's Stochastic or strongly overbought weekly Williams' Percentage Range. 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. Weekly Lane's Stochastic has bearish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading 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, Relative Strength Index and Williams' Percentage Range help. The weekly MACD line is above its signal line since September 27, 2024. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term uptrend is strong. Use the following link to access a MACD help. Short-term trend: [See VOX short-term trend chart] A short-term uptrend had started on September 11, 2024 at 132.39 and reached 164.00 on December 12, 2024. VOX gained -31.61 points, or -23.88%, in 92 days. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 157.86 and resistance is at 167.34. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a short-term trend. Daily Technical Indicators: [See VOX 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 Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Daily Relative Strength Index, Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Relative Strength Index, Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Relative Strength Index, Lane's Stochastic and MACD bearish divergence. The daily MACD line is above its signal line since November 29, 2024. This is an indication that the short-term trend is up. A Parabolic SAR (stop and reversal) indicator (160.89) comes close to the price (161.30). It indicates that the trend is getting weaker. 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.
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