Double bottom, volume turns, but the MACD flips
Vanguard FTSE Developed Markets ETF gains 0.3% as buyers retake command of volume
Double bottom, volume turns, but the MACD flips
Our view last week
Vanguard FTSE Developed Markets ETF is at week 12 of a buy signal that has already completed the model's coverage: all 3 statistical references have been hit. The trade sits at +4.5% since entry, signal strength has eased to 47 out of 100, and the stop now trails the Inversion Point, in the 69.6 area, protecting the accumulated gain while the residual capital keeps running.
This week's summary
Weekly technical analysis. This week Vanguard FTSE Developed Markets ETF added 0.3%, but the real signal comes from volume: after the slide two weeks ago, buyers have retaken control (64% of trading) on a 7% rebound off a clean double bottom near 69. The weekly MACD, though, has just crossed bearish, and the ADX keeps sliding: the trend is losing steam just as price tries to turn.
IQS Phase
57
ordinary
Signal Strength
42
medium · weak
Sizing
REDUCED
Ranking
#86 / 129
US stocks in progress
Trade P&L %
+4.80%
from signal to today
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