VGK, buyers retake control
VGK: ADX rises for a 6th week, price a step from the highs
Our view last week
VGK, the Vanguard European stocks ETF, closes a week of pause after two weeks of acceleration: the price gives back 0.2% and sellers edge slightly back in front, but the trend hasn't lost its edge — the ADX keeps climbing, to 19.4, and the MACD histogram keeps growing. The stock stays glued to its all-time highs, between the daily pivot average in the 91.9 area and resistance just above in the 92.4 area: little room to run. The trade, open for 18 weeks, is up 6.10%.
This week's summary
After last week's pause, buyers retake control on VGK: buy volume jumps to 95% and the ADX keeps climbing, now at 20.0, its 6th straight week higher. The price gains 0.4% and sits a step from the all-time highs, in the 92.8 area, heavily contested ground. The trade, open for 19 weeks, has completed the model's coverage: the stop now trails the rally in the 90.1 area, protecting a 3.53% gain.
IQS Phase
76
in tension
Signal Strength
27
low · fading
Sizing
MINIMUM
Ranking
#147 / 167
US stocks in progress
Trade P&L %
+6.50%
from signal to date, no stop loss
Rank position
ranks 147th among the 167 Longs already running for US stocks in our ranking, with a signal strength of 27 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