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VNQ Stock Tickeron detected bearish ETF Pattern: Triangle Symmetrical Top VNQ on December 16, 2024, netting in a 5.90% gain over 4 weeks

A.I.dvisor
at Tickeron.com
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+5.90% Gain from a Successful pattern Triangle Symmetrical Top
VNQ - Vanguard Real Estate ETF
Tickeron
Ticker: VNQ
Company: Vanguard Real Estate ETF
Gain from shortening: +5.9%
Confirmed: 12/16/24
Succeeded: 12/18/24
Total length: 28 days
On November 20, 2024, A.I.dvisor detected a Triangle Symmetrical Top Pattern (Bearish) for Vanguard Real Estate ETF (VNQ, $94.82). 26 days later, on December 16, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On December 18, 2024, the stock hit the target price of $89.14 – resulting in a gain for traders who shorted the stock on the pattern detection date.

VNQ in -5.61% downward trend, sliding for three consecutive days on December 19, 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 VNQ declined for three days, in of 277 cases, the price declined further within the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on December 09, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on VNQ as a result. In of 86 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for VNQ turned negative on December 06, 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 45 similar instances when the indicator turned negative. In of the 45 cases the stock turned lower in the days that followed. This puts the odds of success at .

VNQ 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.

The 10-day moving average for VNQ crossed bearishly below the 50-day moving average on December 13, 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 .

Bullish Trend Analysis

The RSI Indicator shows that the ticker has stayed in the oversold zone for 3 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 Uptrend is expected.

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 10 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 VNQ advanced for three days, in of 333 cases, the price rose further within the following month. The odds of a continued upward trend are .

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

The Aroon Indicator entered an Uptrend today. In of 293 cases where VNQ Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

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VNQ
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General Information

Category RealEstate

Profile
Fundamentals
Details
Category
Real Estate
Address
Vanguard Specialized FundsPo Box 2600 V26Valley Forge
Phone
6106696295
Web
www.vanguard.com