Vanguard World Fund - Vanguard ESG U.S. ETF Forecast
Vanguard World Fund - Vanguard ESG U.S. ETF price down 0.360% on Thursday
(Updated on Apr 18, 2024)
The Vanguard World Fund - Vanguard ESG U.S. ETF price fell by -0.360% on the last day (Thursday, 18th Apr 2024) from $88.51 to $88.19. It has now fallen 5 days in a row. During the last trading day the ETF fluctuated 1.15% from a day low at $88.07 to a day high of $89.08. The price has fallen in 6 of the last 10 days and is down by -3.03% for this period. Volume has increased on the last day by 20 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 203 thousand shares were bought and sold for approximately $17.87 million.
Given the current short-term trend, the ETF is expected to rise 5.20% during the next 3 months and, with a 90% probability hold a price between $92.78 and $99.15 at the end of this 3-month period.
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ESGV Signals & Forecast
There are few to no technical positive signals at the moment. The Vanguard World Fund - Vanguard ESG U.S. ETF holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. 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 $89.82 and $91.51. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, March 28, 2024, and so far it has fallen -5.37%. 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). Volume rose on falling prices yesterday. This may be an early warning and the ETF should be followed more closely.
Support, Risk & Stop-loss for Vanguard World Fund - Vanguard ESG U.S. ETF
Vanguard World Fund - Vanguard ESG U.S. finds support from accumulated volume at $87.33 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 $1.02 between high and low, or 1.15%. For the last week the ETF has had daily average volatility of 1.43%.
Vanguard World Fund - Vanguard ESG U.S. is oversold on RSI14 (24). Some ETFS may drop long and hard while being oversold on RSI before turning, which increases the general risk.
Our recommended stop-loss: $84.52 (-4.16%) (This ETF has low daily movements and this gives low risk. Low RSI14 is 24 which reduces the risk some. There is a sell signal from a pivot top found 14 days ago.)
Trading Expectations (ESGV) For The Upcoming Trading Day Of Friday 19th
For the upcoming trading day on Friday, 19th we expect Vanguard World Fund - Vanguard ESG U.S. Stock ETF to open at $88.45, and during the day (based on 14 day Average True Range), to move between $87.10 and $89.28, which gives a possible trading interval of +/-$1.09 (+/-1.24%) up or down from last closing price. If Vanguard World Fund - Vanguard ESG U.S. Stock ETF takes out the full calculated possible swing range there will be an estimated 2.48% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $87.33 (0.98%) than the resistance at $90.51 (2.63%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Vanguard World Fund - Vanguard ESG U.S. Stock ETF ETF A Buy?
Vanguard World Fund - Vanguard ESG U.S. holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: -0.442 Hold/Accumulate Unchanged
Predicted Opening Price for Vanguard World Fund - Vanguard ESG U.S. Stock ETF of Friday, April 19, 2024
| Fair opening price April 19, 2024 | Current price |
|---|---|
| $88.45 ( 0.289%) | $88.19 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ESGV
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 89.46 | 1.44 % | |
| R2 | 89.07 | 1.00 % | ||
| R1 | 88.83 | 0.729 % | ||
| Current price: | 88.19 | |||
| Support | S1 | 88.06 | -0.151 % | |
| S2 | 87.82 | -0.422 % | ||
| S3 | 87.43 | -0.86 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 91.63 | 3.90 % | |
| R2 | 91.08 | 3.28 % | ||
| R1 | 90.51 | 2.63 % | ||
| Current price | 88.19 | |||
| Support | S1 | 87.33 | -0.98% | |
| S2 | 86.76 | -1.62% | ||
| S3 | 86.21 | -2.25% |
ESGV Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 15, 2024 | Mar 15, 2024 | Mar 20, 2024 | $0.223 | 0.240% |
| 2 | Dec 15, 2023 | Dec 15, 2023 | Dec 20, 2023 | $0.325 | 0.389% |
| 3 | Sep 13, 2023 | Sep 15, 2023 | Sep 20, 2023 | $0.262 | 0.340% |
| 4 | Jun 14, 2023 | Jun 16, 2023 | Jun 22, 2023 | $0.208 | 0.270% |
| 5 | Mar 15, 2023 | Mar 17, 2023 | Mar 22, 2023 | $0.193 | 0.281% |
FAQ
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