Vanguard World Fund - Vanguard ESG U.S. ETF Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Stronger technical forecast for Vanguard World Fund - Vanguard ESG U.S. ETF price after Wednesday trading.
(Updated on May 01, 2024)
The Vanguard World Fund - Vanguard ESG U.S. ETF price fell by -0.214% on the last day (Wednesday, 1st May 2024) from $88.63 to $88.44. During the last trading day the ETF fluctuated 1.80% from a day low at $88.30 to a day high of $89.89. The price has been going up and down for this period, and there has been a -0.08% loss for the last 2 weeks. Volume fell on the last day along with the ETF, which is actually a good sign as volume should follow the ETF. On the last day, the trading volume fell by -17 thousand shares and in total, 147 thousand shares were bought and sold for approximately $12.96 million.
The ETF is at the lower part of a horizontal trend in the short term, and normally this may pose a good buying opportunity, though a breakdown through the bottom trend line at $87.28 will give a strong sell signal and a trend shift may 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 $87.60 and $93.65 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
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 $89.18 and $90.85. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. Some positive signals were issued as well, and these may have some influence on the near short-term development. A buy signal was issued from a pivot bottom point on Friday, April 19, 2024, and so far it has risen 1.38%. Further rise is indicated until a new top pivot has been found.
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 $88.35 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 $1.59 between high and low, or 1.80%. For the last week the ETF has had daily average volatility of 1.28%.
Our recommended stop-loss: $83.11 (-6.03%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 8 days ago.)
Trading Expectations (ESGV) For The Upcoming Trading Day Of Thursday 2nd
For the upcoming trading day on Thursday, 2nd we expect Vanguard World Fund - Vanguard ESG U.S. Stock ETF to open at $88.88, and during the day (based on 14 day Average True Range), to move between $87.26 and $89.62, which gives a possible trading interval of +/-$1.18 (+/-1.34%) 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 2.67% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $88.35 (0.10%) than the resistance at $89.13 (0.78%), 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 of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Hold/Accumulate to a Buy candidate.
Current score: 1.190 Buy Candidate Upgraded
Predicted Opening Price for Vanguard World Fund - Vanguard ESG U.S. Stock ETF of Thursday, May 2, 2024
| Fair opening price May 2, 2024 | Current price |
|---|---|
| $88.88 ( 0.494%) | $88.44 |
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 | 90.47 | 2.29 % | |
| R2 | 89.86 | 1.60 % | ||
| R1 | 89.48 | 1.18 % | ||
| Current price: | 88.44 | |||
| Support | S1 | 88.27 | -0.193 % | |
| S2 | 87.89 | -0.617 % | ||
| S3 | 87.29 | -1.30 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 91.08 | 2.99 % | |
| R2 | 90.51 | 2.34 % | ||
| R1 | 89.13 | 0.780 % | ||
| Current price | 88.44 | |||
| Support | S1 | 88.35 | -0.102% | |
| S2 | 88.01 | -0.485% | ||
| S3 | 87.24 | -1.36% |
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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