Market update
What happened
Valero Energy Corporation (VLO) closed the latest week at $341.67, up 14.5% for the week and 10.8% over four weeks. The move extends a 38.4% twelve-week gain in weekly context.
Confirmation is mixed. The trend signal is active and Market Dynamics shows 1.23 in confirmation, but Relative Strength is 44.9 and weekly volume of 12.5 million shares was about 0.88 times the 13-week average.