VFH: the rally stalls just below the highs
Vanguard Financials ETF stalls (-0.1%): resistance holds at the highs
VFH: the rally stalls just below the highs
Our view last week
Vanguard Financials ETF, the fund tracking the US financial sector, has been under management for 13 weeks, with the trade now worth a 6.91% gain. The week added 1.1%, accelerating after last week's pause: the ADX keeps climbing and money flow keeps building, while the price works right up against its all-time highs, boxed between a resistance and a support just a step away. On the daily chart three higher lows in a row confirm the picture.
This week's summary
VFH's ADX keeps climbing and money flow keeps accelerating, but this week the price stalled (-0.1%), with an indecisive last candle right up against resistance in the 138 area. In our VFH technical analysis, the fund stays under management in week 14, up 6.8% since entry, with the trend gaining conviction even as the room above narrows.
IQS Phase
76
in tension
Signal Strength
8
low · fading
Sizing
MINIMUM
Ranking
#123 / 124
US stocks in progress
Trade P&L %
+6.80%
from signal to today
Rank position
ranks 123rd among the 124 Longs already running for US stocks in our ranking, with a signal strength of 8 out of 100.
Sector context
SectorETF Settoriale
Benchmark ETFXLF
Sector regimein positive regime
Performanceweekly +0.09% · monthly +4.82%
VFH belongs to the etf settoriale sector (reference ETF XLF). The sector is classified in positive regime according to our weekly reading.
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