{"id":49208,"date":"2026-05-11T11:34:57","date_gmt":"2026-05-11T11:34:57","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2026\/05\/11\/vodafone-share-price-just-flashed-a-golden-cross-ahead-of-earnings-will-it-jump\/"},"modified":"2026-05-11T11:34:57","modified_gmt":"2026-05-11T11:34:57","slug":"vodafone-share-price-just-flashed-a-golden-cross-ahead-of-earnings-will-it-jump","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2026\/05\/11\/vodafone-share-price-just-flashed-a-golden-cross-ahead-of-earnings-will-it-jump\/","title":{"rendered":"Vodafone share price just flashed a golden cross ahead of earnings: will it jump?"},"content":{"rendered":"<div><\/div>\n<p>Vodafone share price has remained in a narrow range in the past few days and is now hovering at its highest point since August 2022. <\/p>\n<p>VOD has jumped to 118p, up by 90% from its lowest level in December last year, giving it a market capitalisation of over $37 billion.<\/p>\n<h2 class=\"wp-block-heading\">Vodafone to publish its earnings on Tuesday&nbsp;<\/h2>\n<p>The VOD stock price has held steady in the past few months, helped by the ongoing turnaround strategy that has seen it exit some key slow-growing businesses in Italy and France. <\/p>\n<p>It has used some of these funds to increase its shareholding in some of its key markets, like Kenya and the UK.<\/p>\n<p>Most importantly, <a href=\"https:\/\/invezz.com\/news\/2026\/02\/05\/vodafone-share-price-eyes-20-pop-to-2018-highs-as-turnaround-pays-off\/\">Vodafone has continued to grow<\/a> its service revenue in Germany, its biggest market. The most recent numbers showed that the service revenue jumped by 0.7% in the second quarter of its fiscal year.&nbsp;<\/p>\n<p>Its Africa service revenue grew by 13.5%, helped by its financial services solutions such as M-Pesa.\u00a0 <\/p>\n<p>This growth was offset by the UK business, whose revenue dropped by 0.5% because of its business segment.<\/p>\n<p>The company\u2019s profitability continued growing, with the EBITDAaL rising by 2.3% to \u20ac2.8 billion. However, its operating profit dropped by 52.7% because of its M&amp;A\u00a0 and its Indian operations. <\/p>\n<p>The company continued returning cash to shareholders, completing a \u20ac3.5 billion share buyback program last year and commencing a new \u20ac500 million tranche.<\/p>\n<p>Therefore, the upcoming results will provide more colour on its operations and whether they are improving or not.<\/p>\n<p>In the last earnings report, the management guided towards its EBITDAaL being between \u20ac11.3 billion and \u20ac11.6 billion, and its free cash flow being between \u20ac2.4 billion and \u20ac2.6 billion. <\/p>\n<p>Analysts expect the real numbers to be slightly higher than the guidance.<\/p>\n<p>Vodafone&#8217;s stock price has held steady in the past few months as investors have continued to move to value names, especially those with strong dividend yields. <\/p>\n<p>Also, the company is less exposed to the ongoing <a href=\"https:\/\/invezz.com\/news\/2026\/03\/03\/where-to-invest-in-wartime-as-the-us-iran-clash-rattles-global-markets\/\">Middle East crisis<\/a>.<\/p>\n<h2 class=\"wp-block-heading\">Vodafone share price technical analysis&nbsp;<\/h2>\n<figure class=\"wp-block-image size-full\"><\/figure>\n<p><em>VOD stock chart | Source: TradingView<\/em>&nbsp;<\/p>\n<p>The weekly timeframe chart shows that the VOD share price has been in a strong uptrend in the past few months, moving from a low of 62.38p, where it formed a double-bottom pattern with a neckline at 80p.<\/p>\n<p>The stock has now formed a golden cross pattern as the 50-day and 200-day Exponential Moving Averages (EMA) crossed each other. <\/p>\n<p>A golden cross is one of the most common bullish continuation signs in technical analysis.<\/p>\n<p>Top oscillators like the Relative Strength Index (RSI) and the MACD have continued rising in the past few months. <\/p>\n<p>It is now attempting to move above the important resistance level at 120p, its highest point this year.<\/p>\n<p>Therefore, the most likely scenario is where the stock continues rising as bulls target the next key resistance level at 141p, its highest point in February 2022. <\/p>\n<p>This target is about 20% above the current level. However, this forecast is based on the weekly chart, meaning that it may take time.\u00a0<\/p>\n<p>The post <a href=\"https:\/\/invezz.com\/news\/2026\/05\/11\/vodafone-share-price-just-flashed-a-golden-cross-ahead-of-earnings-will-it-jump-or-crash\/\">Vodafone share price just flashed a golden cross ahead of earnings: will it jump?<\/a> appeared first on <a href=\"https:\/\/invezz.com\">Invezz<\/a><\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Vodafone share price has remained in a narrow range in the past few days and is now hovering at its highest point since August 2022. VOD has jumped to 118p, up by 90% from its lowest level in December last year, giving it a market capitalisation of over $37 billion. Vodafone to publish its earnings <\/p>\n","protected":false},"author":1,"featured_media":49209,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":{"0":"post-49208","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-world"},"_links":{"self":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/49208","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/comments?post=49208"}],"version-history":[{"count":0,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/49208\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media\/49209"}],"wp:attachment":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media?parent=49208"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/categories?post=49208"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/tags?post=49208"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}