VGK Stock Tickeron detected bearish ETF Pattern: Wedge Falling VGK on October 15, 2024, netting in a 3.47% gain over 3 weeks

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VGK - Vanguard FTSE Europe ETF

Ticker: VGK

Company: Vanguard FTSE Europe ETF

Gain from shortening: +3.47%

Confirmed: 10/15/24

Succeeded: 11/11/24

Total length: 27 days

VGK in -0.39% downward trend, sliding for three consecutive days on November 21, 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 VGK declined for three days, in of 248 cases, the price declined further within the following month. The odds of a continued downward trend are .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Aroon Indicator for VGK entered a downward trend on November 21, 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 1 day, 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 9 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 VGK advanced for three days, in of 338 cases, the price rose further within the following month. The odds of a continued upward trend are .

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