VOO ETF Forecast
Stronger technical forecast for VOO ETF price after Wednesday trading.
(Updated on Mar 27, 2024)
The ETF lies in the middle of a narrow and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the ETF is expected to rise 11.67% during the next 3 months and, with a 90% probability hold a price between $530.20 and $541.26 at the end of this 3-month period.
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VOO Signals & Forecast
There are mixed signals in the ETF today. A sell signal was issued from a pivot top point on Thursday, March 21, 2024, and so far it has fallen -0.123%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). The VOO ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $478.70 and $468.19. A breakdown below any of these levels will issue sell signals. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The ETF should be watched closely.
Support, Risk & Stop-loss for VOO ETF
VOO finds support from accumulated volume at $466.93 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 stock. During the last day, the ETF moved $3.42 between high and low, or 0.716%. For the last week the ETF has had daily average volatility of 0.464%.
Our recommended stop-loss: $464.80 (-3.32%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 4 days ago.)
Trading Expectations (VOO) For The Upcoming Trading Day Of Thursday 28th
For the upcoming trading day on Thursday, 28th we expect Vanguard 500 ETF to open at $479.69, and during the day (based on 14 day Average True Range), to move between $476.76 and $484.76, which gives a possible trading interval of +/-$4.00 (+/-0.83%) up or down from last closing price. If Vanguard 500 ETF takes out the full calculated possible swing range there will be an estimated 1.66% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $481.35 (0.12%) than the support at $466.93 (2.88%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Is Vanguard 500 ETF ETF A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for VOO ETF to perform well in the short-term. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Hold/Accumulate to a Buy candidate.
Current score: 2.302 Buy Candidate Upgraded
Predicted Opening Price for Vanguard 500 ETF of Thursday, March 28, 2024
Fair opening price March 28, 2024 | Current price |
---|---|
$479.69 ( 0.222%) | $480.76 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for VOO
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 483.11 | 0.490 % | |
R2 | 481.81 | 0.218 % | ||
R1 | 481.00 | 0.0499 % | ||
Current price: | 480.76 | |||
Support | S1 | 478.39 | -0.494 % | |
S2 | 477.58 | -0.661 % | ||
S3 | 476.27 | -0.93 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 0 | . | |
R2 | 0 | . | ||
R1 | 481.35 | 0.123 % | ||
Current price | 480.76 | |||
Support | S1 | 466.93 | -2.88% | |
S2 | 443.82 | -7.68% | ||
S3 | 434.01 | -9.72% |
VOO Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Mar 05, 2024 | Mar 22, 2024 | Mar 27, 2024 | $1.54 | 0.321% |
2 | Dec 20, 2023 | Dec 20, 2023 | Dec 20, 2023 | $1.80 | 0.419% |
3 | Mar 15, 2023 | Sep 28, 2023 | Oct 03, 2023 | $1.49 | 0.385% |
4 | Mar 15, 2023 | Jun 29, 2023 | Jul 05, 2023 | $1.58 | 0.387% |
5 | Mar 15, 2023 | Mar 24, 2023 | Mar 29, 2023 | $1.49 | 0.403% |
FAQ
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