Uptrend Under Pressure 93
Institutional selling is building — 7 distribution days in the last 25 sessions. Severe risk · 93/100 · 7 distribution days (SPY) Sep 11 Full briefing →
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VGT

$119.63 -1.04% Sep 10 close
Detected setup Darvas Box · Setup Score 55/100

Stand aside — setup invalidated

Setup score 55, but distribution days reach 5 or more — stand aside until the condition resets.

1 independent risk warning also present. Review before relying on the bullish setup.

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Switch to Advanced for indicator panels, raw grades, provenance, drawing tools, and full technical tables.

$VGT

etf Stage 2 · Advancing Base 1
$119.63 latest close
Verdict · setup score 55/100 · data Sep 10 close · 1 session old

Stand aside — setup invalidated

Setup score 55, but distribution days reach 5 or more — stand aside until the condition resets.

Price $119.63 -1.0% Sep 10 close
52W High $126.00 5.1% below high
Wks Since High 13w
Base Depth 14.2%
RS Rank 63 percentile of scan
SMA 50 $117.57
Avg Vol 3,975,220
Rel Vol (Sep 10) 1.02×
More stats
52W Low $83.09
Tight Wks 2
Base B1
SMA 200 $104.18
RS Line vs High -4.7%
RS Line Slope -0.2% ▼
ADR% 1.3%
ATR(14) $1.80 (1.5%)
Vol Pace (live) N/A
U/D Vol 0.71
A/D Days 13A / 19D
A/D Rating E
VDU Bars 0/10 d
Power Trend 6d
Position in 52-week range 85thpercentile of the 52-week range
$83.09low
$126.00high

VGT Chart

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Technical Analysis Report Card

$VGT · $119.63 · as of 2026-09-10 · multi-factor read
64
/ 100
Technicals 64/100
Reference read from price & volume only — the verdict at the top of the page decides the action.

Trend · Daily / Weekly / Monthly

Daily ▬ Sideways / consolidating
Weekly ▲ Uptrend
Monthly ▬ Sideways / consolidating

Moving Averages

50-day$117.57 ↑
100-day$115.44 ↑
200-day$104.18 ↑
Bullish (50 > 200)

RSI (14)

Reading51.2 · Neutral

Neutral — momentum is balanced between buyers and sellers.

MACD (12/26/9)

StateWeakening
Histogram-0.059

Weakening — MACD slipped below its signal line. Histogram contracting.

Bollinger Bands (20,2)

%B / Width45% · 6.0%
Squeeze — volatility compressing

Mid-band — no directional band edge in play. Bands are squeezing — volatility is compressing, often a precursor to a sharp move.

Volume · Buyer vs Seller

Up/Down vol0.71 · Neutral
Rel volume1.02×

Balanced — up/down volume is roughly even; no clear hand. Recent volume is easing versus its baseline.

Support & Resistance

R · $122.71swing level
R · $126.0052-week high
Price · $119.63now
S · $115.91swing level
S · $112.50swing level
S · $110.53swing level

Fibonacci · Uptrend swing

23.6%$115.87
38.2%$109.61
50.0%$104.55
61.8%$99.48
78.6%$92.27

Retracement support zones measured from the recent swing low up to the high.

The verdict is free. The trade plan is Pro.
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Weekly uptrendAbove 200-day MA50/200 bullish
Want this read in a legend's voice? Ask a Legend about VGT
Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →
Legend Verdicts 6 methodology checks

Who would consider this setup, why it qualifies, and what blocks it — calculated from the same deterministic methodology rules used across Legend AI.

Council consensus: 5 of 6 legends are Watching — building, not yet a confirmed buy.
Watch
Minervini C

Trend-template read: 8/13 pass; wait for the soft misses to improve.

Passing evidence
1.1 Price > 150-day MA AND 200-day MAPrice $119.63, MA150 $107.40, MA200 $104.18
1.2 150-day MA > 200-day MAMA150 $107.40 vs MA200 $104.18
Failing evidence
1.8 RS rank ≥ 70 (prefer ≥ 85)RS rank 69
2. Quarterly EPS growth ≥ 25%From SEPA scan
8/13 checks
Avoid
O'Neil D

CANSLIM read: fails C: Quarterly EPS acceleration ≥ 25%.

Passing evidence
N: Near 52-week high or RS line new high5.1% below high | RS line new high: False
S: Base tightness (ATR% ≤ 4.5%)ATR% 1.50%
Failing evidence
C: Quarterly EPS acceleration ≥ 25%CANSLIM grade N/A
L: RS rank ≥ 80 (IBD leadership)RS rank 69
2/8 checks
Watch
Weinstein C

Stage-analysis read: Stage 2 is present; 2 supporting checks need improvement.

Passing evidence
Stage 2 (Advancing phase) confirmedStage 2 (Advancing)
Price above 30-week MA (200-day proxy)Price $119.63 vs MA200 $104.18
Failing evidence
Volume expansion above averageVolume ratio 1.02x
Weekly price coiling (Stage 2 consolidation)Tightening weekly range confirms base
5/7 checks
Watch
Livermore B

Pivotal-point read: constructive evidence is present, but relative strength is unresolved.

Passing evidence
Price$119.63
Distance from 52-week high5.1% below high
Failing evidence
Relative strengthRS 69
Volume vs average1.02x
3/6 checks
Watch
Darvas B

Box-theory read: constructive evidence is present, but relative strength is unresolved.

Passing evidence
Price$119.63
Distance from 52-week high5.1% below high
Failing evidence
Relative strengthRS 69
Volume vs average1.02x
3/6 checks
Watch
Wyckoff B

Supply-and-demand read: constructive evidence is present, but relative strength is unresolved.

Passing evidence
Price$119.63
Distance from 52-week high5.1% below high
Failing evidence
Relative strengthRS 69
Volume vs average1.02x
3/6 checks
Base & Breakout
Breakout follow-through

No active breakout tracked — Legend AI monitors daily for pivot-point breaks. What's a breakout?

RS Line vs SPY 52-week relative strength · blue = RS line · dashed = MA50 · dot = NH ▼ Falling
115RS Line (52W)
Accumulation / Distribution last 65 sessions · green = acc on high vol · red = dist on high vol Net -8 E
A: 9 D: 17 Net: -865 sessions
Minervini · Grade Card
Fundamentals & leadership quality — Minervini’s published criteria · 2/7 met
C 2/7 criteria
Separate score from the Minervini Trend Template (7/8): the Trend Template grades the price structure, this grades the company & leadership (earnings, sales, margins, RS rank). A stock can ride a clean trend while its fundamentals lag, so the two often differ by design — they are not the same checklist.
EPS acceleration ≥25% QoQ
Revenue growth ≥20% YoY
Gross margin ≥30%
ROE ≥17%
RS rating ≥80 (leadership) 69
Stage 2 uptrend (Weinstein) Stage 2
Within 25% of 52W high -5.1%

Method Playbook

Trade it like Weinstein EXACT LEVELS · PRO
Weinstein C · Watch — The deterministic methodology check is Watch; wait for the failing or incomplete criteria to improve before the trigger can qualify.
Pivot
Pro level
Published-method rule: Use Stage 1 resistance and the rising 30-week moving average as the Stage 2 transition boundary.
Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro level
Published-method rule: Require a Stage 2 breakout above resistance on expanding volume; avoid entries while the 30-week average is flat or falling.
Evidence: Canonical setup geometry is available with Pro.
Initial stop
Pro level
Published-method rule: Start below the breakout structure or Stage 1 support where a return to the base invalidates the Stage 2 transition.
Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-based
Published-method rule: Trail beneath rising 30-week support or later higher swing lows while Stage 2 remains intact.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Exit / invalidation
Pro level
Published-method rule: Exit on a decisive 30-week support failure or a Stage 3/Stage 4 transition; never treat a failed Stage 2 break as healthy consolidation.
Evidence: Canonical setup geometry is available with Pro.
Deterministic educational plan, not a recommendation. No order or stop is changed automatically. Method and sources →

Forming Patterns (predictive — not confirmed)

Head & Shoulders bearish forming
75% built

Possible head & shoulders top — not confirmed. Watch for a daily close below ~106.79 (neckline) to confirm, with measured-move risk toward ~87.57. A push back above 123.39 weakens the pattern; reclaiming 126.00 invalidates it.

Confirms below 106.79
Invalidates at 126.00
Left Shoulder 115.62
Head 126.00
Right Shoulder 123.39
Neckline 106.79
Target 87.57

LS 115.62 / head 126.00 / RS 123.39, neckline ~106.79, vol_fading=yes

Cup & Handle bullish near confirmation
90% built

Cup complete, possible handle forming — watch for a quiet 5-15 bar drift on light volume holding above ~117.05 (mid-cup), then a breakout through ~123.39 on strong volume.

Pivot Watch 3.05% away
Tightness / volume Tightening · No VDU
Recent-pace band 3–8 sessions
Confirms above 123.39
Invalidates at 117.05
Rim 126.00
Cup Low 108.10
Pivot 123.39
Mid Cup 117.05

Cup depth 14%, recovery 64%, handle=forming

Predictive pattern recognition is educational — most forming structures never confirm. Wait for the confirmation level before treating this as a setup.

Pattern Analysis

Darvas Box Historical replay: +20% before −8% within 40 sessions: 18% (n=60) · source bars 2025-03-17–2026-09-04 · avg -0.2% per setup (-0.03R) ⚠ Rising wedge (broke lower)
55 setup score
RS Score 69
Trend template 7/8
CANSLIM (N/A)
box top: 122.06 box bottom: 118.23 box height pct: 0.032 vol ratio: 1.021 is breakout: ✗ pct from 52w high: 0.021 validation reason: valid generic setup multi tf evaluated: ✓ multi tf reason: weekly: within 15% of 52-week high (Darvas box territory)
Why This Setup?
Darvas Box · schematic

Box: top=122.06, bottom=118.23, height=3.2%, breakout=no, vol_ratio=1.0x, 2% from 52w high | Strong trend (7/8) | Good RS (69) | High-confidence pattern (80%) | Power Trend | Stage 2 | Tight base (2 tight wks) | Readiness 82/100 (approaching) | CANSLIM N/A (N/A) | ⚠ Rising wedge (broke lower)

The Universal Edge Check · context only

What the setup still has going for it, recorded for later. The verdict above stands — these principles do not overrule it.

1/7 universals met
  • Risk is defined — not met No stop — undefined risk
  • A relative-strength leader — partly met RS rank 63 — middling
  • Asymmetric reward — partly met No target set
  • Clear of earnings — partly met Report date unknown
  • Not chasing (in range) — partly met Pivot distance unknown
  • Volume confirms — partly met 1.0× average — light
  • In a confirmed uptrend — met Stage 2 · Trend template 7/8
Why these seven? → The Universal Edge

Minervini Trend Template

7/8

Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.

Price above SMA 150 & 200 $119.63 vs SMA150 $107.40 / SMA200 $104.18
SMA 150 above SMA 200 SMA150 $107.40 vs SMA200 $104.18
SMA 200 trending up Slope +2.38 over 20 days
SMA 50 above SMA 150 & 200 SMA50 $117.57
Price above SMA 50 $119.63 vs SMA50 $117.57
30%+ above 52-week low +44.0% from $83.09
Within 25% of 52-week high -5.1% from $126.00
RS score above 70 RS 69

Company

Company profile
VGT
VGT
O'Neil · Grade Card
CANSLIM — current EPS, annual EPS, new highs, supply, leader RS, inst. sponsorship, market
N/A — CANSLIM
C · Curr. EPS
70
A · Annual EPS
100
N · New Highs
100
S · Supply/Demand
70
L · Leader RS
69
I · Inst. Spons.
100
M · Market
30

Weekly Context

Multi-timeframe signals from weekly bars
W. Trend
8/8
W. RS
76
W. Support
$83.09
W. Resist
$126.00
Weekly Structure

Scan History

20× streak
Sep 09: 80 (Cup & Handle)Sep 10: 70 (Cup & Handle)Sep 11: 55 (Darvas Box)55
Sep 11
Darvas Box ✓ Gate
55
Sep 10
Cup & Handle ✓ Gate
70 0.0%
Sep 09
Cup & Handle ✓ Gate
80 -1.0%

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