Vanguard World Fund - Vanguard ESG U.S. ETF Forecast
Vanguard World Fund - Vanguard ESG U.S. ETF price ended at $89.41 on Thursday, after gaining 1.10%.
(Updated on May 02, 2024)
The Vanguard World Fund - Vanguard ESG U.S. ETF price gained 1.10% on the last trading day (Thursday, 2nd May 2024), rising from $88.44 to $89.41. During the last trading day the ETF fluctuated 1.38% from a day low at $88.29 to a day high of $89.51. The price has risen in 6 of the last 10 days and is up by 1.38% over the past 2 weeks. Volume fell on the last day by -26 thousand shares and in total, 121 thousand shares were bought and sold for approximately $10.80 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The ETF is moving within a horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Vanguard World Fund - Vanguard ESG U.S. ETF with a 90% probability to be traded between $87.26 and $93.22 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and ETFS seldom manage to go directly from the bottom of a trend up to the top. ETFS turning up in the middle of a horizontal trend are therefore considered to be potential runners.
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ESGV Signals & Forecast
A buy signal was issued from a pivot bottom point on Friday, April 19, 2024, and so far it has risen 2.49%. 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 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Vanguard World Fund - Vanguard ESG U.S. ETF holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the ETF giving a more negative forecast for the stock. On further gains, the ETF will meet resistance from the long-term Moving Average at $90.77. On a fall, the ETF will find some support from the short-term average at $89.22. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal.
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 $89.27 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 $1.22 between high and low, or 1.38%. For the last week the ETF has had daily average volatility of 1.28%.
Our recommended stop-loss: $84.87 (-5.07%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 9 days ago.)
Trading Expectations (ESGV) For The Upcoming Trading Day Of Friday 3rd
For the upcoming trading day on Friday, 3rd we expect Vanguard World Fund - Vanguard ESG U.S. Stock ETF to open at $89.07, and during the day (based on 14 day Average True Range), to move between $88.22 and $90.60, which gives a possible trading interval of +/-$1.19 (+/-1.33%) 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 2.65% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $89.27 (0.16%) than the resistance at $90.51 (1.23%), 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?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Vanguard World Fund - Vanguard ESG U.S. ETF to perform well in the short-term period.
Current score: 2.315 Buy Candidate Unchanged
Predicted Opening Price for Vanguard World Fund - Vanguard ESG U.S. Stock ETF of Friday, May 3, 2024
| Fair opening price May 3, 2024 | Current price |
|---|---|
| $89.07 ( 0.380%) | $89.41 |
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 | 90.29 | 0.98 % | |
| R2 | 89.82 | 0.463 % | ||
| R1 | 89.54 | 0.141 % | ||
| Current price: | 89.41 | |||
| Support | S1 | 88.60 | -0.90 % | |
| S2 | 88.32 | -1.22 % | ||
| S3 | 87.85 | -1.74 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 91.63 | 2.48 % | |
| R2 | 91.08 | 1.87 % | ||
| R1 | 90.51 | 1.23 % | ||
| Current price | 89.41 | |||
| Support | S1 | 89.27 | -0.157% | |
| S2 | 89.13 | -0.313% | ||
| S3 | 87.24 | -2.43% |
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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