MACD turns higher on developed markets
VEA slips 0.2% as the MACD crosses back above its Signal line after 6 weeks
Our view last week
VEA, the Vanguard developed markets ETF, has finally seen its ADX hold steady after six straight weeks of slipping — 17.4, a sign the trend isn't accelerating but isn't fading either. The week closes with a modest +0.9%, the price still a whisker from its all-time high (-0.42%), though buyers carry less weight than seven days ago (78% of volume, down from 91%). The trade is under management in its 18th week, up 8.62% from entry.
This week's summary
VEA, the Vanguard developed markets ETF, slips a mild 0.2% this week, but the MACD has crossed back above its Signal line after 6 weeks below it — a first sign of renewed strength. Buyers still control the tape, 63% of volume, though that's down from the prior 2 weeks (91% and 78%). The price remains a whisker from its all-time high, a level already tested 4 times over the last 10 weeks. The trade continues in profit from entry.
IQS Phase
71
in tension
Signal Strength
35
medium · weak
Sizing
REDUCED
Ranking
#114 / 167
US stocks in progress
Trade P&L %
+8.39%
from signal to date, no stop loss
Rank position
ranks 114th among the 167 Longs already running for US stocks in our ranking, with a signal strength of 35 out of 100.
Sector context
SectorETF Broad
Benchmark ETF—
Sector regime
Performanceweekly coming soon · monthly coming soon
VEA belongs to the etf broad sector (reference ETF ).
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