Valero: money flow accelerates sharply
Valero stock gains 1% and stays near the highs as volumes contract
Our view last week
Valero extends its run, closing the week up 2.1% after last week's 14.5% surge. In this week's Valero stock technical analysis the price is pressing right up against its highs, in the 353 area, already rejected there four times; the RSI climbs to 75 and the ADX marks its seventh straight week of gains. The latest candle, though, shows a weaker body - an early sign of fatigue worth watching.
This week's summary
Valero keeps accelerating: a sharp bounce off the daily 20-period moving average around 334, with buyers dominating 93% of the session's volume. In this Valero stock technical analysis, money flow is climbing fast, nearly doubling in three weeks, while the price stays pinned near its highs, already rejected four times. The weekly candle, though, is losing conviction - an early fatigue signal. The trade is up over 90% since entry.
IQS Phase
69
in tension
Signal Strength
47
medium · weak
Sizing
REDUCED
Ranking
#109 / 175
US stocks in progress
Trade P&L %
+90.18%
from signal to date, no stop loss
Rank position
ranks 109th among the 175 Longs already running for US stocks in our ranking, with a signal strength of 47 out of 100.
Sector context
SectorEnergy
Benchmark ETFXLE
Sector regimein strong phase
Performanceweekly -1.51% · monthly +6.87%
VLO belongs to the energy sector (reference ETF XLE). The sector is classified in strong phase according to our weekly reading.
restricted Platinum content