Emerging markets ETF · open long, week 24
VWO slips 1% to a fresh 30-day low, but the 20-week average holds once more
Our view last week
VWO, the Vanguard emerging markets ETF, flips last week's disconnect: the price edges up 0.2%, yet 69% of the volume goes to the sellers, after a week with 99% on the buy side and the price slipping. Money flow has now been positive for 19 weeks, while the weekly MACD stays under its Signal line. VWO technical analysis shows an ETF boxed into a tight band just below its 20-day moving average, a case worth following for swing trading and price action trading.
This week's summary
VWO, the Vanguard emerging markets ETF, ends the week down 1% after printing a fresh 30-day low, in the 58.7 area, that the close did not confirm: the price climbed back into the upper half of the week's range and held its 20-week average. A week ago it was working under its 20-day average, and that is where it was turned back again. VWO technical analysis shows a weekly MACD still fading and money flow improving: a balance worth following for swing trading and price action trading.
IQS Phase
47
ordinary
Signal Strength
33
medium · weak
Sizing
REDUCED
Ranking
#78 / 93
US stocks in progress
Trade P&L %
+0.64%
from signal to date, no stop loss
VWO Emerging Markets weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 78th among the 93 Longs already running for US stocks in our ranking, with a signal strength of 33 out of 100.
Sector context
SectorETF Broad
Benchmark ETF—
Sector regime
Performanceweekly coming soon · monthly coming soon
VWO belongs to the etf broad sector (reference ETF ).
restricted Platinum content