Stronger technical forecast for VOO ETF price after Wednesday trading

The VOO ETF price gained 2.52% on the last trading day (Wednesday, 8th Apr 2026), rising from $606.04 to $621.34. It has now gained 6 days in a row. It is not often that ETF manage to gain so many days in a row, and falls for a day or two should be expected. During the last trading day the ETF fluctuated 0.84% from a day low at $617.30 to a day high of $622.49. The price has risen in 7 of the last 10 days and is up by 3.15% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 2 million more shares were traded than the day before. In total, 7 million shares were bought and sold for approximately $4.54 billion.

Given the current short-term trend, the ETF is expected to fall -6.36% during the next 3 months and, with a 90% probability hold a price between $540.06 and $581.85 at the end of this 3-month period. Do note, that if the ETF price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

The VOO ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the ETF, but the ETF has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $602.42 and $615.21. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, March 30, 2026, and so far it has risen 6.96%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

VOO finds support from accumulated volume at $609.09 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the ETF tends to have very controlled movements and with good liquidity the risk is considered very low in this ETF. During the last day, the ETF moved $5.19 between high and low, or 0.84%. For the last week the ETF has had daily average volatility of 1.13%.

Since the VOO has been rising for 6 days in a row, the risk over the next couple of days has increased. As we cannot be certain with regards to the size of the reaction, we urge caution.

VOO holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.We have upgraded our analysis conclusion for this ETF since the last evaluation from a Sell to a Hold candidate.