VEU Stock Tickeron detected bearish ETF Pattern: Broadening Bottom VEU on November 12, 2024, netting in a 1.77% gain over 1 month

GET DAILY SIGNALS

Get AI intraday signals

VEU - Vanguard FTSE All-Wld ex-US ETF

Ticker: VEU

Company: Vanguard FTSE All-Wld ex-US ETF

Gain from shortening: +1.77%

Confirmed: 11/12/24

Succeeded: 12/19/24

Total length: 37 days

Momentum Indicator for VEU turns negative, indicating new downward trend

VEU saw its Momentum Indicator move below the 0 level on December 16, 2024. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 78 similar instances where the indicator turned negative. In of the 78 cases, the stock moved further down in the following days. The odds of a decline are at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Moving Average Convergence Divergence Histogram (MACD) for VEU turned negative on December 18, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 44 similar instances when the indicator turned negative. In of the 44 cases the stock turned lower in the days that followed. This puts the odds of success at .

VEU moved below its 50-day moving average on December 10, 2024 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where VEU 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 VEU entered a downward trend on November 25, 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 VEU advanced for three days, in of 340 cases, the price rose further within the following month. The odds of a continued upward trend are .

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