Green day on Monday for VOO ETF after gaining 0.609%

StockInvest.us, 3 weeks ago

StockInvest.us

The VOO ETF price gained 0.609% on the last trading day (Monday, 31st Mar 2025), rising from $510.80 to $513.91. During the last trading day the ETF fluctuated 2.52% from a day low at $502.64 to a day high of $515.33. The price has been going up and down for this period, and there has been a -1.44% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 2 million more shares were traded than the day before. In total, 7 million shares were bought and sold for approximately $3.79 billion.

The ETF lies in the middle of a falling trend in the short term and further fall within the trend is signaled.Given the current short-term trend, the ETF is expected to fall -6.05% during the next 3 months and, with a 90% probability hold a price between $469.62 and $513.77 at the end of this 3-month period. Do note, that if the ETF price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

VOO

There are mixed signals in the ETF today. The VOO ETF holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the ETF. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $521.51 and $534.54. A break-up above any of these levels will issue buy signals. A buy signal was issued from a pivot bottom point on Thursday, March 13, 2025, and so far it has risen 1.35%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

VOO finds support from accumulated volume at $513.76 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 ETF. During the last day, the ETF moved $12.69 between high and low, or 2.52%. For the last week the ETF has had daily average volatility of 1.53%.

VOO holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this ETF.

Check full VOO forecast and analysis here.
IBKR Logo
Invest Like a Pro
Access Worldwide Trading Products - 150 Markets
Compare IBKR's Margin Rates with Your Broker's
Superior Trading Technology - All Levels
High Interest Paid on Available Cash Balances
PortfolioAnalyst - All Your Accounts, One Screen
Member SIPC.