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- 11/8/2024 -
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VENTAS INC (VTR) Technical Analysis

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Summary:
Weekly :Williams' Percentage Range is overboughtBroken trend resistance line
Daily :The price has risen above the Parabolic SARThe price moved above the moving average in the center of the Bollinger Bands
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It was a first positive week for the VENTAS INC (VTR). During the week, the VTR gained 0.96 points, or 1.50%, and closed at 65.15 on Friday, November 8, 2024. Weekly volume was 21% above average.

Long-term trend: [See VTR long-term trend chart]
A long-term uptrend had started on October 13, 2022 at 35.33 and reached 67.61 on October 31, 2024. VTR gained -32.28 points, or -91.37%, in 107 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (43.79) 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 VTR medium-term trend chart]
A medium-term uptrend had started on April 16, 2024 at 41.45 and reached 67.61 on October 31, 2024. VTR gained -26.16 points, or -63.11%, in 28 weeks. The chart has formed a Rising Wedge chart pattern. The trend support level is at 64.76 and resistance is at 67.96. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern in a medium-term trend.

Weekly Technical Indicators: [See VTR weekly technical indicators chart]
Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. 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 Williams' Percentage Range help.

The weekly MACD line is above its signal line since May 3, 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 VTR short-term trend chart]
A short-term downtrend had started on October 31, 2024 at 67.61 and reached 62.40 on November 6, 2024. VTR lost 5.21 points, or 7.71%, in 6 days. The chart has formed a Falling Wedge chart pattern.

Daily Technical Indicators: [See VTR daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is below its signal line since October 31, 2024. This is an indication that the short-term trend is down.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. 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.

During the last week, the price has moved above 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 52.40
Williams' Percentage Range (W%R) 49.70
Lane's Stochastic (%D-Slow) 29.53
Greed/Fear Indicator (GFI) 44.07
Moving Average Converg./Diverg. (MACD) 0.47
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 70.10
Williams' Percentage Range (W%R) 14.30
Overbought
Lane's Stochastic (%D-Slow) 73.08
Greed/Fear Indicator (GFI) 73.04
Moving Average Converg./Diverg. (MACD) 4.18
Trading Signals
Description Value Chart
Weekly Trendline Resistance 67.96
Upper Bollinger Band 66.11
Weekly Stochastic Crossing 66.07
Price 65.15
20 Day Moving Average 64.88
Weekly Trendline Support 64.76
Daily Stochastic Crossing 64.11
50 Day Moving Average 64.04
Lower Bollinger Band 62.96
Parabolic System 62.34
Sector and Industry
Description Name Rank
Sector Real Estate 6
Industry Health Care REITs 106
Daily Trend
Description Value
Direction Down
Chart Pattern Falling Wedge
High 67.61
High Date 10/31/2024
Low 62.40
Low Date 11/06/2024
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Valid
Resistance 67.96
Support 64.76
Low 41.45
Low Date 04/16/2024
High 67.61
High Date 10/31/2024
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 39.33
Low Date 10/06/2023
High 67.61
High Date 10/31/2024
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 48.21
Support 43.79
Low 35.33
Low Date 10/13/2022
High 67.61
High Date 10/31/2024
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 84.11
High Date 05/22/2013
Low 13.35
Low Date 03/18/2020
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.