Europe ETF · sell signal, week 3
VGK drops 2.5%: a fresh 90-day low, yet the 50-week average holds
Our view last week
On the daily chart, 4 lower highs from the 92 area down to the 90 area, the last one just under the one before: the sell signal on VGK, the Vanguard Europe ETF, keeps its shape but loses steam. The week closed at +0.5% and volume swung back to buyers after 2 weeks of selling. VGK technical analysis: MACD still below its Signal line, ADX fading and signal strength down almost 40 points in a week. A swing trading setup to follow with patience.
This week's summary
A fresh 90-day low in the 85 area, not confirmed on the weekly close: the week of VGK, the Vanguard ETF on European stocks, ended down 2.5% yet above its 50-week average, touched and defended. A week ago the sell signal was losing steam; now the decline is picking up again. VGK technical analysis: weekly MACD below its Signal line for 4 weeks and 4 lower highs on the daily chart. For swing trading it stays a trade setup to watch: price action at the 86 area support will decide.
IQS Phase
68
in tension
Signal Strength
35
decline starting to make lower lows
Sizing
REDUCED
Ranking
#74 / 175
US stocks sell signals
Trade P&L %
+2.07%
from signal to date, no stop loss
Europe (VGK) weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 74th among the 175 sell signals for US stocks in our ranking, with a signal strength of 35 out of 100.
Sector context
SectorETF Broad
Benchmark ETF—
Sector regime
Performanceweekly coming soon · monthly coming soon
VGK belongs to the etf broad sector (reference ETF ).
restricted Platinum content