US financials ETF · Sell signal, week 4
VFH gains 2% and reclaims its 50-week average as the decline loses its push
Our view last week
A 4th straight down week for VFH, the Vanguard US financial sector ETF: the 2.4% drop takes price below its 50-week average and to a fresh 30-day low, confirmed at the close. Last week the weekly MACD slipped under its Signal line; now the first long-term support has given way too. In this VFH technical analysis the Sell signal keeps its pace, but for swing trading a daily RSI at 27, in oversold territory, makes a technical bounce a live risk.
This week's summary
The bounce that oversold readings hinted at has arrived: VFH, the Vanguard US financial sector ETF, gains 2% after 4 straight down weeks and climbs back above its 50-week average, lost a week ago. On the daily chart the run of 3 lower highs has been broken. In this VFH technical analysis the Sell signal is still live, but the decline has no fresh push and the weekly MACD sits below its Signal line. For swing trading, the price action says wait: no trade setup yet.
IQS Phase
80
in tension
Signal Strength
17
decline losing steam
Sizing
MINIMUM
Ranking
#90 / 174
US stocks sell signals
Trade P&L %
+2.35%
from signal to date, no stop loss
VFH Financials US weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 90th among the 174 sell signals for US stocks in our ranking, with a signal strength of 17 out of 100.
Sector context
SectorETF Settoriale
Benchmark ETFXLF
Sector regimeweak phase
Performanceweekly +2.32% · monthly -4.08%
VFH belongs to the etf settoriale sector (reference ETF XLF). The sector is classified weak phase according to our weekly reading.
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