VDE: a fresh buy signal on US energy
Vanguard Energy ETF climbs 4.7% and opens a fresh buy signal
VDE: a fresh buy signal on US energy
Our view last week
The Vanguard Energy ETF is up 3.4% this week, but the bounce comes with contracting volume and a distribution phase that’s still pronounced: a rally the technical analysis doesn’t fully back. The three observation weeks on the sell signal close sideways, without market confirmation — the picture calls for caution, not a fresh opening. Signal strength drops to 2 out of 100, a decline without fresh push, while the energy sector stays strong.
This week's summary
The Vanguard Energy ETF, Vanguard's fund on the US energy sector, turns the page: after weeks of a sell signal that closed sideways, a fresh buy signal fires this week — 17th among the 20 new US Longs in our VDE technical analysis. The stock is up 4.7% and bounces off its own 20-day moving average, but volume is contracting and the distribution phase stays pronounced: the picture still needs confirmation, with the energy sector strong behind it.
IQS Phase
44
ordinary
Signal Strength
50
medium
Sizing
STANDARD
Ranking
#17 / 20
New us stocks
Trade P&L %
+0.00%
from signal to today
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