Vanguard World Fund - Vanguard ESG U.S. ETF Forecast
Vanguard World Fund - Vanguard ESG U.S. ETF upgraded from Buy Candidate to Strong Buy Candidate after Tuesday trading session.
(Updated on Jul 02, 2024)
The Vanguard World Fund - Vanguard ESG U.S. ETF price gained 0.661% on the last trading day (Tuesday, 2nd Jul 2024), rising from $96.86 to $97.50. During the last trading day the ETF fluctuated 1.04% from a day low at $96.51 to a day high of $97.51. The price has risen in 6 of the last 10 days and is up by 0.4% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 51 thousand more shares were traded than the day before. In total, 181 thousand shares were bought and sold for approximately $17.60 million.
The ETF lies in the middle of a weak 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 8.99% during the next 3 months and, with a 90% probability hold a price between $102.37 and $109.47 at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
ESGV Signals & Forecast
Mostly positive signals in the chart today. The Vanguard World Fund - Vanguard ESG U.S. 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 $96.79 and $94.94. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, April 19, 2024, and so far it has risen 11.76%. 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.
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 $93.68 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 $1.00 between high and low, or 1.04%. For the last week the ETF has had daily average volatility of 0.81%.
Our recommended stop-loss: $94.01 (-3.58%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 65 days ago.)
Trading Expectations (ESGV) For The Upcoming Trading Day Of Wednesday 3rd
For the upcoming trading day on Wednesday, 3rd we expect Vanguard World Fund - Vanguard ESG U.S. Stock ETF to open at $97.17, and during the day (based on 14 day Average True Range), to move between $96.67 and $98.33, which gives a possible trading interval of +/-$0.83 (+/-0.85%) 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 1.70% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ $93.68, some $3.82 (3.92%) from the current price of $97.50, our system finds the risk reward attractive.
Is Vanguard World Fund - Vanguard ESG U.S. Stock ETF ETF A Buy?
Vanguard World Fund - Vanguard ESG U.S. holds several positive signals and is within a weak rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Buy to a Strong Buy candidate.
Current score: 5.489 Strong Buy Candidate Upgraded
Predicted Opening Price for Vanguard World Fund - Vanguard ESG U.S. Stock ETF of Wednesday, July 3, 2024
| Fair opening price July 3, 2024 | Current price |
|---|---|
| $97.17 ( 0.335%) | $97.50 |
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 | |
|---|---|---|
| R3 | 98.17 | 0.691% |
| R2 | 97.79 | 0.299% |
| R1 | 97.56 | 0.0568% |
| Price | 97.50 | |
| S1 | 96.79 | -0.727% |
| S2 | 96.56 | -0.97% |
| S3 | 96.17 | -1.36% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 0 | - |
| R1 | 0 | - |
| Price | 97.50 | |
| S1 | 93.68 | -3.92% |
| S2 | 90.51 | -7.17% |
| S3 | 89.13 | -8.58% |
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
Click here for our free guide on how to buy Vanguard World Fund - Vanguard ESG U.S. Stock ETF ETF.
