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Uptrend ExhaustionArchive - 11/8/2024 - 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 second consecutive positive week for the Vanguard Telecom Services ETF (VOX). During the week, the VOX gained 5.60 points, or 3.77%, and closed at 154.20 on Friday, November 8, 2024. Weekly volume was -39% below average. Long-term trend: [See VOX long-term trend chart] A long-term uptrend had started on November 4, 2022 at 78.27 and reached 155.60 on November 7, 2024. VOX gained -77.33 points, or -98.80%, in 104 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend resistance line (154.19). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the 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 155.60 on November 7, 2024. VOX gained -55.28 points, or -55.10%, in 54 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (137.83) 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 Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range and Lane's Stochastic. 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 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. 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 155.60 on November 7, 2024. VOX gained -23.21 points, or -17.53%, in 57 days. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (146.82) 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 short-term trend. Daily Technical Indicators: [See VOX daily technical indicators chart] Daily Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range. The daily MACD line is above its signal line since November 4, 2024. This is an indication that the short-term trend is up. The price touches the upper Bollinger Band. 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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