Vodafone Group (ADR)(NASDAQ:VOD) Heffx Trading Outlook
Overall, the bias in prices is: Downwards.
Short term: Prices are stalling.
Intermediate term: Prices are trending.
Note: this chart shows extraordinary price action to the downside.
By the way, prices are vulnerable to a correction towards 30.85.
The projected upper bound is: 30.34.
The projected lower bound is: 28.16.
The projected closing price is: 29.25.
A white body occurred (because prices closed higher than they opened).
During the past 10 bars, there have been 6 white candles and 4 black candles for a net of 2 white candles. During the past 50 bars, there have been 29 white candles and 20 black candles for a net of 9 white candles.
Three white candles occurred in the last three days. Although these candles were not big enough to create three white soldiers, the steady upward pattern is bullish.
Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators.
One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 25.3271. This is not an overbought or oversold reading. The last signal was a buy 6 period(s) ago.
Relative Strength Index (RSI)
The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 41.08. This is not a topping or bottoming area. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a buy 63 period(s) ago.
Commodity Channel Index (CCI)
The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is -77. This is not a topping or bottoming area. The last signal was a buy 0 period(s) ago.
The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a sell 22 period(s) ago.
Rex Takasugi – TD Profile
VODAFONE GRP ADR closed up 0.200 at 29.270. Volume was 15% below average (neutral) and Bollinger Bands were 19% narrower than normal.
Open High Low Close Volume___
28.920 29.330 28.850 29.270 4,164,910
Short Term: Neutral
Intermediate Term: Bearish
Long Term: Bearish
Moving Averages: 10-period 50-period 200-period
Close: 29.36 30.55 31.42
Volatility: 21 23 31
Volume: 5,805,397 4,277,289 4,127,609
Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.
VODAFONE GRP ADR is currently 6.8% below its 200-period moving average and is in an downward trend. Volatility is Our volume indicators reflect volume flowing into and out of VOD.O at a relatively equal pace (neutral). Our trend forecasting oscillators are currently bearish on VOD.O and have had this outlook for the last 19 periods.
Latest posts by HEFFX Australia (see all)
- Apple Inc (NASDAQ:AAPL) Heffx Technical Analysis - December 18, 2017
- Intel Corporation (NASDAQ:INTC) Technicals Bullish Divergence - December 18, 2017
- Cisco Systems (NASDAQ:CSCO) Stock Overbought - December 18, 2017