VEA Stock Tickeron detected bearish ETF Pattern: Broadening Bottom VEA on November 12, 2024, netting in a 2.25% gain over 1 month

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VEA - Vanguard FTSE Developed Markets ETF

Ticker: VEA

Company: Vanguard FTSE Developed Markets ETF

Gain from shortening: +2.25%

Confirmed: 11/12/24

Succeeded: 12/19/24

Total length: 37 days

VEA sees MACD Histogram just turned negative

VEA saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on December 17, 2024. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 40 instances where the indicator turned negative. In of the 40 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on December 13, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on VEA as a result. In of 81 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

VEA moved below its 50-day moving average on December 12, 2024 date and that indicates a change from an upward trend to a downward trend.

The 50-day moving average for VEA moved below the 200-day moving average on December 19, 2024. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where VEA declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for VEA entered a downward trend on November 26, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Indicator demonstrates that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 4 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where VEA advanced for three days, in of 334 cases, the price rose further within the following month. The odds of a continued upward trend are .

VEA may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.