VDC Stock Tickeron detected bearish ETF Pattern: Broadening Wedge Ascending VDC on September 30, 2024, netting in a 0.93% gain over 2 weeks

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VDC - Vanguard Consumer Staples ETF

Ticker: VDC

Company: Vanguard Consumer Staples ETF

Gain from shortening: +0.93%

Confirmed: 09/30/24

Succeeded: 10/01/24

Total length: 15 days

VDC in -1.12% downward trend, falling for three consecutive days on November 15, 2024

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where VDC declined for three days, in of 258 cases, the price declined further within the following month. The odds of a continued downward trend are .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 63 cases where VDC's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

VDC moved below its 50-day moving average on October 24, 2024 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for VDC crossed bearishly below the 50-day moving average on October 28, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 16 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

The Aroon Indicator for VDC entered a downward trend on November 15, 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 Momentum Indicator moved above the 0 level on November 08, 2024. You may want to consider a long position or call options on VDC as a result. In of 96 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 VDC just turned positive on November 08, 2024. Looking at past instances where VDC's MACD turned positive, the stock continued to rise in of 42 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where VDC advanced for three days, in of 359 cases, the price rose further within the following month. The odds of a continued upward trend are .

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