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Archive - 12/13/2024 - Sign In to see current Signals. |
Vanguard Utilities ETF (VPU) 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 Utilities ETF (VPU). During the week, the VPU dropped -4.45 points, or -2.58%, and closed at 167.80 on Friday, December 13, 2024. VPU was trading at average weekly trading volume. Long-term trend: [See VPU long-term trend chart] A long-term downtrend had started on September 12, 2022 at 169.52 and reached 118.81 on October 6, 2023. VPU lost 50.71 points, or 29.91%, in 55 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (103.12) is broken. A broken support is considered to be a long-term bullish signal. 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 VPU medium-term trend chart] A medium-term uptrend had started on October 6, 2023 at 118.81 and reached 180.04 on November 27, 2024. VPU gained -61.23 points, or -51.54%, in 59 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (170.96) 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. VPU 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 VPU weekly technical indicators chart] Weekly technical indicators are neutral. Weekly Relative Strength Index and Lane's Stochastic have bearish divergence. Use the following links to access the Relative Strength Index and Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with weekly Relative Strength Index and 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 Relative Strength Index help. The weekly MACD line is below its signal line since November 1, 2024. Use the following link to access a MACD help. Short-term trend: [See VPU short-term trend chart] A short-term downtrend had started on November 27, 2024 at 180.04 and reached 167.60 on December 13, 2024. VPU lost 12.44 points, or 6.91%, in 16 days. Price is near the trend low. Daily Technical Indicators: [See VPU daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Williams' Percentage Range and Lane's Stochastic. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. Use the following link to access 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. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term downtrend is strong.
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Daily Oscillators |
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Weekly Oscillators |
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Trading
Signals |
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Sector and
Industry |
Description |
Name |
Rank |
Sector |
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Industry |
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Daily Trend |
Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
High |
180.04 |
High Date |
11/27/2024 |
Low |
167.60 |
Low Date |
12/13/2024 |
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Weekly Trend |
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Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
Status |
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Resistance |
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Support |
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High |
180.04 |
High Date |
11/27/2024 |
Low |
167.60 |
Low Date |
12/13/2024 |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Broadening Ascending Wedge |
Status |
Broken Support |
Resistance |
187.04 |
Support |
175.40 |
Low |
165.60 |
Low Date |
11/04/2024 |
High |
180.04 |
High Date |
11/27/2024 |
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Quarterly Trend |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Rising Wedge |
Status |
Broken Support |
Resistance |
183.02 |
Support |
170.96 |
Low |
118.81 |
Low Date |
10/06/2023 |
High |
180.04 |
High Date |
11/27/2024 |
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Description |
Value |
Direction |
Down |
Chart Pattern |
Falling Wedge |
Status |
Broken Resistance |
Resistance |
92.53 |
Support |
103.12 |
High |
169.52 |
High Date |
09/12/2022 |
Low |
118.81 |
Low Date |
10/06/2023 |
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