Vanguard S&P Mid-Cap 400 Growth Index ETF Forecast
Green day on Friday for Vanguard S&P Mid-Cap 400 Growth Index ETF after gaining 0.0357%
(Updated on May 17, 2024)
The Vanguard S&P Mid-Cap 400 Growth Index ETF price gained 0.0357% on the last trading day (Friday, 17th May 2024), rising from $112.04 to $112.08. During the last trading day the ETF fluctuated 0.585% from a day low at $111.81 to a day high of $112.46. The price has risen in 6 of the last 10 days and is up by 2.78% over the past 2 weeks. Volume fell on the last day by -15 thousand shares and in total, 20 thousand shares were bought and sold for approximately $2.23 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 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 2.76% during the next 3 months and, with a 90% probability hold a price between $109.05 and $118.38 at the end of this 3-month period.
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IVOG Signals & Forecast
The Vanguard S&P Mid-Cap 400 Growth Index 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 $112.02 and $109.66. A breakdown below any of these levels will issue sell signals. 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. A sell signal was issued from a pivot top point on Wednesday, May 15, 2024, and so far it has fallen -1.02%. Further fall is indicated until a new bottom pivot has been found.
A sell signal from a double top formation was found on Wednesday, May 15, 2024 and based on theory for this formation the price should fall by -11.96% to $98.68 within 33 trading days since signal was issued (Monday, May 20, 2024).
Support, Risk & Stop-loss for Vanguard S&P Mid-Cap 400 Growth Index ETF
Vanguard S&P Mid-Cap 400 Growth Index finds support from accumulated volume at $112.03 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This ETF is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the ETF moved $0.654 (0.585%) between high and low. For the last week, the ETF has had daily average volatility of 0.794%.
Our recommended stop-loss: $108.10 (-3.55%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 2 days ago.)
Trading Expectations (IVOG) For The Upcoming Trading Day Of Monday 20th
For the upcoming trading day on Monday, 20th we expect Vanguard S&P Mid-Cap 400 Growth Index Fund ETF Shares to open at $112.12, and during the day (based on 14 day Average True Range), to move between $110.80 and $113.36, which gives a possible trading interval of +/-$1.28 (+/-1.14%) up or down from last closing price. If Vanguard S&P Mid-Cap 400 Growth Index Fund ETF Shares takes out the full calculated possible swing range there will be an estimated 2.28% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $112.03 (0.04%) than the resistance at $112.93 (0.76%), 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 S&P Mid-Cap 400 Growth Index Fund ETF Shares ETF A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Vanguard S&P Mid-Cap 400 Growth Index ETF to perform well in the short-term.
Current score: 2.705 Buy Candidate Unchanged
Predicted Opening Price for Vanguard S&P Mid-Cap 400 Growth Index Fund ETF Shares of Monday, May 20, 2024
| Fair opening price May 20, 2024 | Current price |
|---|---|
| $112.12 ( 0.0341%) | $112.08 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for IVOG
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 112.77 | 0.618 % | |
| R2 | 112.52 | 0.395 % | ||
| R1 | 112.37 | 0.257 % | ||
| Current price: | 112.08 | |||
| Support | S1 | 111.87 | -0.189 % | |
| S2 | 111.71 | -0.327 % | ||
| S3 | 111.46 | -0.550 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 113.45 | 1.22 % | |
| R2 | 113.24 | 1.03 % | ||
| R1 | 112.93 | 0.762 % | ||
| Current price | 112.08 | |||
| Support | S1 | 112.03 | -0.0446% | |
| S2 | 109.05 | -2.70% | ||
| S3 | 105.19 | -6.15% |
IVOG Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 20, 2023 | Dec 20, 2023 | Dec 20, 2023 | $1.13 | 1.17% |
| 2 | Dec 16, 2022 | Dec 20, 2022 | Dec 23, 2022 | $0.89 | 1.04% |
| 3 | Dec 17, 2021 | Dec 21, 2021 | Dec 27, 2021 | $0.500 | 0.474% |
| 4 | Dec 18, 2020 | Dec 22, 2020 | Dec 28, 2020 | $0.660 | 0.737% |
| 5 | Dec 13, 2019 | Dec 16, 2019 | Dec 19, 2019 | $0.86 | 1.18% |
FAQ
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