VCIT Stock Tickeron detected bullish ETF Pattern: Pennant VCIT on July 05, 2024, netting in a 1.99% gain over 1 month

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VCIT - Vanguard Interm-Term Corp Bd ETF

Ticker: VCIT

Company: Vanguard Interm-Term Corp Bd ETF

Gain: +1.99%

Confirmed: 07/05/24

Succeeded: 07/31/24

Total length: 36 days

VCIT in +0.51% Uptrend, rising for three consecutive days on December 02, 2024

Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where VCIT advanced for three days, in of 337 cases, the price rose further within the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 25, 2024. You may want to consider a long position or call options on VCIT as a result. In of 72 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for VCIT just turned positive on November 07, 2024. Looking at past instances where VCIT's MACD turned positive, the stock continued to rise in of 51 cases over the following month. The odds of a continued upward trend are .

VCIT moved above its 50-day moving average on November 29, 2024 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for VCIT crossed bullishly above the 50-day moving average on December 05, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 12 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The RSI Oscillator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 7 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

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

VCIT broke above its upper Bollinger Band on November 29, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

The Aroon Indicator for VCIT 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.