VOD.L ends the day on a bullish note closing near the high of the day


Vodafone Group Plc (VOD.L) Technical Analysis Report for Jun 14, 2018 [< 1 min read]
Highlights
VOD.L pushes through key resistance level
VOD.L dominated by bulls lifting the market higher throughout the day
VOD.L ends the day on a bullish note closing near the high of the day
VOD.L finds buyers again around 184.94
VOD.L closes within previous day's range
TQ Sentiment
Technical Forecast:
Overview

VOD.L finished Thursday at 188.06 gaining £2.46 (1.33%). The bulls were in full control today, moving the market higher throughout the whole session. Closing within the prior day's range, prices failed to decisively move past the previous day's trading range. Ending with a strong close near the high of the day sets a bullish note for the next session.

Daily chart for VOD.L
Volatility

Thursday's trading range was £3.66 (1.98%), that's above last trading month's daily average range of £3.04. Things look different on a weekly scale, where volatility is below the markets average with the monthly volatility being way below average.

Support/Resistance

Breaking through the key resistance level at 185.76 today, it is now likely to act as support going forward. After having been unable to move lower than 185.14 in the prior session, the stock found buyers again around the same price level today at 184.94.

Trend

The trend is clearly bearish, showing an intact downtrend in the short, medium and long-term.

Conclusion

While classical technical analysis indicates a bullish sentiment for the next trading day, our quantitative statistics show a different picture being very bearish.

Market Conditions for Vodafone Group Plc
ConditionForecastDirectionWinAvgWorstBestEvents
Bullish Engulfing Candle TQ Pro Members Only
White Candle TQ Pro Members Only
Close to S1 Support TQ Pro Members Only
52 Week Low TQ Pro Members Only
Price broke through Technical Resistance R1 TQ Pro Members Only
More market conditions identified for TQ Pro members...
Learn more about TQ Pro
Trending Assets

Upgrade your trading!

Get the stats behind the charts

Find out what happened when Vodafone Group Plc traded like this in the past. See the odds for each technical pattern with expected gain and loss.

Signup

Stocks Top Movers

ETHUSD 536.1919.91 3.86%
NKY 22,555.43276.95 1.24%
HSI 29,696.17228.02 0.77%
BTCUSD 6,737.8430.35 0.45%
DXY 94.7300.270 0.29%
EURUSD 1.1592-0.0031 -0.27%
GOLD 1,277.0-3.6 -0.28%
NDX 7,228.04-23.37 -0.32%
FTSE 7,603.85-27.45 -0.36%
SPX 2,762.57-11.30 -0.41%
Start your day with the facts moving the markets
By clicking "Subscribe", you agree to our terms and privacy policy.

Related Stocks

ABBV 10 day candlestick chart for ABBV98.01 -0.47
-0.48%
ACN 10 day candlestick chart for ACN163.31 0.43
0.26%
ADBE 10 day candlestick chart for ADBE251.74 -3.95
-1.54%
AAP 10 day candlestick chart for AAP138.30 0.06
0.04%
AES 10 day candlestick chart for AES13.08 0.01
0.08%
AET 10 day candlestick chart for AET189.28 2.33
1.25%
AFL 10 day candlestick chart for AFL45.00 -0.17
-0.38%
AMG 10 day candlestick chart for AMG154.00 1.00
0.65%
A 10 day candlestick chart for A63.52 -1.45
-2.23%
ABT 10 day candlestick chart for ABT62.34 -0.48
-0.76%