VEU, the ex-US global equity ETF
VEU ends the week nearly flat (+0.1%), but sellers regain control
VEU, the ex-US global equity ETF
Our view last week
VEU technical analysis: after last week's rebound (68% buying volume), sellers have taken back control — 68% of this week's turnover is on the sell side, the ETF slips 2.3% and the weekly MACD has completed its bearish cross. The ADX has fallen for a fourth straight week and money flow has turned negative: the trend is losing conviction, even as price stays close to its recent highs.
This week's summary
Sellers are tightening their grip on VEU: 74% of this week's turnover is on the sell side, the ETF closes nearly flat (+0.1%) and the ADX has fallen for a fourth straight week. VEU's technical analysis shows money flow still negative and a weekly MACD that has already completed its bearish cross: the trend is losing conviction, even as price stays a step from its recent highs.
IQS Phase
42
ordinary
Signal Strength
47
medium · weak
Sizing
REDUCED
Ranking
#68 / 124
US stocks in progress
Trade P&L %
+3.04%
from signal to today
Rank position
ranks 68th among the 124 Longs already running for US stocks in our ranking, with a signal strength of 47 out of 100.
Sector context
SectorETF Broad
Benchmark ETF—
Sector regime
Performanceweekly coming soon · monthly coming soon
VEU belongs to the etf broad sector (reference ETF ).
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