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Archive - 12/20/2024 - Sign In to see current Signals. |
Vanguard Total Stock Market ETF (VTI) 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 Total Stock Market ETF (VTI). During the week, the VTI dropped -6.60 points, or -2.20%, and closed at 293.30 on Friday, December 20, 2024. It was the worst weekly loss since September 6, 2024. Weekly volume was 20% above average. Long-term trend: [See VTI long-term trend chart] A long-term uptrend had started on October 27, 2023 at 202.44 and reached 302.95 on December 6, 2024. VTI gained -100.51 points, or -49.65%, in 58 weeks. The price is now at the 9.60% retracement level. Medium-term trend: [See VTI medium-term trend chart] A medium-term uptrend had started on August 5, 2024 at 251.00 and reached 302.95 on December 6, 2024. VTI gained -51.95 points, or -20.70%, in 17 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (306.66) 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. VTI 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 VTI weekly technical indicators chart] Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly 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 link to access Lane's Stochastic help. The weekly MACD line is above its signal line since September 20, 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 VTI short-term trend chart] A short-term downtrend had started on December 6, 2024 at 302.95 and reached 288.10 on December 20, 2024. VTI lost 14.85 points, or 4.90%, in 14 days. The price is now at the 35.02% retracement level. Daily Technical Indicators: [See VTI daily technical indicators chart] Daily Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Williams' Percentage Range. Use the following link to access Williams' Percentage Range help. The daily MACD line is below its signal line since December 9, 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. 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. Price is close to the 50 Day Moving Average. While 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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