Venture Global Stock Jumps 5.61% As Technicals Signal Bullish Breakout

Venture Global (VG) closed at $13.56 on September 8, 2025, surging 5.61% on elevated volume. This analysis evaluates technical indicators to assess the stock’s trajectory.
Candlestick Theory
The September 8 session formed a robust bullish candle, closing near its high ($13.58) after testing support near $12.91. This follows a brief consolidation between $12.72 and $13.22 earlier in the month, suggesting a breakout above the $13.22 resistance. Key resistance now aligns with the $13.58 intraday high, while support holds at $12.91–$12.73. The absence of upper shadows in recent up-days reflects sustained buying pressure.
Moving Average Theory
The 50-day moving average (approximately $14.10) remains above the 100-day ($14.40) and 200-day ($14.90) averages, confirming a bearish long-term trend. However, the current price ($13.56) is testing the 50-day MA resistance. A sustained breach could signal near-term bullish momentum. The hierarchy of MAs indicates residual downward pressure, though the slope of the 50-day MA is flattening, suggesting weakening bearish momentum.
MACD & KDJ Indicators
The MACD histogram shows narrowing bearish momentum as the signal line converges, hinting at a potential bullish crossover. KDJ readings position the stock near overbought territory (K: 75, D: 68), suggesting near-term exhaustion risk but confirming upward momentum. Divergence is noted: while prices made a higher low on August 25–26, KDJ formed a higher low earlier, foreshadowing the recent rebound. Confluence exists in momentum indicators leaning toward near-term bullishness.
Bollinger Bands
Bands contracted significantly in early September (bandwidth near 6%), indicating compressed volatility before the September 8 breakout. Price now trades near the upper band ($13.70), typically acting as resistance. This expansion supports the breakout’s validity but warrants monitoring for mean reversion. The close above the 20-period midline ($13.15) reinforces bullish near-term bias.
Volume-Price Relationship
The September 8 surge occurred on 9.54 million shares—double the prior session’s volume—validating bullish conviction. Notably, advances since August 20 have generally coincided with rising volume, while downturns (e.g., September 3’s 2.15% drop) saw lower volume, confirming weak selling pressure. Volume divergence was absent during the rebound, supporting sustainability.
Relative Strength Index (RSI)
The 14-day RSI reads 61, recovering sharply from oversold levels (<30) in mid-August but remaining below overbought territory (70). This positions the stock with moderate upside room before overextension. The RSI’s consistent higher lows since August 15 contrast with price volatility, signaling improving underlying strength. However, the indicator’s warning nature in trending markets warrants caution near 70.
Fibonacci Retracement
Using the swing high of $19.50 (June 23) and low of $12.49 (August 15), key retracement levels are $14.14 (23.6%), $15.17 (38.2%), and $16.82 (61.8%). The current price sits below the 23.6% level, aligning with the 50-day MA resistance. Confluence exists near $14.10–$14.50 (50-day MA + 23.6% Fib), making it a critical resistance zone. A breakout above $14.14 could target $15.17.
Confluence and Divergence
Significant confluence appears at the $14.10–$14.50 zone, where the 50-day MA, 23.6% Fibonacci level, and Bollinger upper band converge. This presents a decisive technical barrier. Divergence is observed between KDJ’s early bullish reversal signal and price action in late August, which correctly anticipated recent strength. Momentum indicators (MACD, RSI) align with volume confirmation, suggesting the rebound has technical validity, though the broader downtrend keeps risk elevated above key resistance levels.