Venture Global Shares Plunge 9.66% Extending Four-Day Loss to 17.28%

Venture Global (VG) shares declined 9.66% in the most recent session, extending losses to the fourth consecutive day with a cumulative 17.28% drop, closing at 12.35. This analysis provides a technical assessment of the current trend, momentum, and potential support and resistance levels based on multiple indicators.
Candlestick Theory
The recent price action displays a series of bearish candlesticks, culminating in a decisive downside move. The latest session formed a long-bodied bearish candle closing at its low (12.35) after opening near the prior close, indicating persistent selling pressure. Key resistance is evident near 13.62–13.84 (recent lows and highs), while critical support emerges around the 11.30–12.00 psychological zone, aligning with the June 2025 consolidation area. A breakdown below 12.00 may trigger accelerated selling, whereas reclaiming 13.62 could signal near-term stabilization.
Moving Average Theory
The 50-day, 100-day, and 200-day moving averages (MAs) exhibit a bearish alignment, with the shortest MA below the longer ones, confirming a sustained downtrend. The current price (12.35) trades well below all three MAs, highlighting formidable overhead resistance. The 50-day MA near 15.50 and the 200-day MA around 16.20 loom as dynamic barriers, reinforcing the dominant bearish trend. No golden crosses are evident, suggesting recovery potential remains limited.
MACD & KDJ Indicators
The MACD histogram resides deep in negative territory, with the MACD line entrenched below the signal line, reflecting strong downward momentum. Similarly, the KDJ oscillator shows the K and D lines submerged in oversold territory (<20), though without decisive upward hooks. While these conditions imply extreme bearishness, convergence with other indicators is essential to gauge reversal viability. No clear bullish divergence is yet observable.
Bollinger Bands
Price has pierced the lower Bollinger Band (set at 20-day SMA ± 2σ), signaling an oversold extreme and heightened volatility. Bandwidth expansion during the four-day selloff indicates escalating bearish momentum. A reversion toward the mid-band (near 14.80) may occur if volatility contracts, but sustained sub-lower-band trading could foreshadow additional downside.
Volume-Price Relationship
Volume surged 24% during the latest session’s selloff, amplifying bearish conviction and validating downside sustainability. Elevated volume on down days contrasted with muted activity during minor rebounds highlights persistent distribution. High-volume breakdowns below support (e.g., 13.62) further solidify bearish control.
Relative Strength Index (RSI)
The 14-day RSI reads 28, plunging into oversold territory. While this suggests exhaustion, RSI can remain depressed in powerful downtrends. The indicator has not yet formed bullish divergence relative to the new price low, implying capitulation may not be complete. Historically, sub-30 RSI levels preceded short-term bounces but required confluence with other signals.
Fibonacci Retracement
Applying Fibonacci retracement to the recent downswing (swing high: 19.50 on June 23; swing low: 12.35 current) yields key levels at 14.04 (23.6%), 15.08 (38.2%), and 15.93 (50%). These thresholds now serve as layered resistance zones. The 14.04–14.33 region (23.6% retracement and prior minor support) is particularly critical, as a failure to surpass it could catalyze renewed selling toward 11.30–12.00.
Confluence and Divergence
Confluence is evident in oversold signals: RSI <30, price below Bollinger’s lower band, and deeply negative MACD/KDJ align to suggest a near-term relief bounce is increasingly probable. However, bearish volume confirmation, MA resistance layers, and absent bullish divergences temper optimism. The 12.00–12.35 zone represents a pivotal support cluster where technical fatigue may manifest. Divergences remain elusive, as momentum oscillators confirm new lows without bullish non-confirmations.
Conclusion
Venture Global exhibits acute bearish momentum reinforced by multi-indicator confluence, though oversold extremes hint at tactical rebound potential. Downside risks dominate unless price reclaims 13.62–14.04 resistance decisively, which would require volume-backed accumulation. The 11.30–12.00 support band must hold to prevent accelerated declines; failure here may target the 10.00–10.50 psychological area. Vigilance for bullish reversal signals near current levels is warranted for contrarian entries.