Energy sector pushes higher, ETF consolidates near record highs
Vanguard Energy ETF slips 0.2% but the bullish structure holds near record highs
Energy sector pushes higher, ETF consolidates near record highs
Our view last week
Vanguard Energy ETF climbs 3.3% and extends its run of three higher lows, from the 149 area toward 158: price is back near its historical highs, close to the 171 threshold. The energy sector pushes from behind, sharply higher over the past month, and the weekly averages stay fully aligned to the upside. Under the surface a few cracks: volume is contracting and distribution stays pronounced, a counterweight worth watching.
This week's summary
Vanguard Energy ETF takes a breather, down 0.2% after last week's push, but the run of four higher lows in the 154-164 area holds and price is working just below its historical highs. Buyers stay in control, with 89.9% of daily volume on their side, and the weekly MACD histogram keeps climbing. The buy signal that fired two weeks ago is confirmed: the trade already sits 3.19% in profit.
IQS Phase
62
ordinary
Signal Strength
55
medium
Sizing
STANDARD
Ranking
#45 / 120
US stocks in progress
Trade P&L %
+3.19%
from signal to date, no stop loss
Rank position
ranks 45th among the 120 Longs already running for US stocks in our ranking, with a signal strength of 55 out of 100.
Sector context
SectorETF Settoriale
Benchmark ETFXLE
Sector regimein positive regime
Performanceweekly -0.12% · monthly +12.76%
VDE belongs to the etf settoriale sector (reference ETF XLE). The sector is classified in positive regime according to our weekly reading.
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