The Hourly View for VOD
At the moment, VOD (Get Ratings)’s price is down $-0.02 (-0.08%) from the hour prior. It’s been a feast for bears operating on an hourly timeframe, as VOD has now gone down 4 of the past 5 hours. As for the trend on the hourly timeframe, we see the clearest trend on the 50 hour timeframe. The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.
Out of Communication stocks, VOD ranks 11th in regards to today’s price percentage change.
VOD’s Technical Outlook on the Daily Chart
Currently, VOD’s price is up $0.04 (0.21%) from the day prior. VOD has seen its price go up 4 out of the past 5 days, thus creating some compelling opportunities for bulls. If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 100 day timeframe. The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend. The chart below shows VOD’s price action over the past 90 days.
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The post Vodafone Group Public Ltd Co (VOD): Price Now Near $19.3; Daily Chart Shows An Uptrend on 50 Day Basis appeared first on ETF Daily News.
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