Vanguard S&P Mid-Cap 400 Growth Index ETF Forecast
Vanguard S&P Mid-Cap 400 Growth Index ETF price up 0.91% on Monday
(Updated on Jun 17, 2024)
The Vanguard S&P Mid-Cap 400 Growth Index ETF price gained 0.91% on the last trading day (Monday, 17th Jun 2024), rising from $108.41 to $109.40. During the last trading day the ETF fluctuated 1.43% from a day low at $108.08 to a day high of $109.63. The price has fallen in 6 of the last 10 days and is down by -0.39% for this period. Volume fell on the last day by -599 shares and in total, 28 thousand shares were bought and sold for approximately $3.03 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 S&P Mid-Cap 400 Growth Index ETF with a 90% probability to be traded between $103.77 and $112.08 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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IVOG Signals & Forecast
There are mixed signals in the ETF today. The Vanguard S&P Mid-Cap 400 Growth Index 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 $110.23. On a fall, the ETF will find some support from the short-term average at $109.27. 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. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). A buy signal was issued from a pivot bottom point on Tuesday, June 04, 2024, and so far it has risen 1.08%. Further rise is indicated until a new top pivot has been found. 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.
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 -9.80% to $98.68 within 33 trading days since signal was issued (Tuesday, June 18, 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 $108.90 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 $1.55 between high and low, or 1.43%. For the last week the ETF has had daily average volatility of 1.15%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (IVOG) For The Upcoming Trading Day Of Tuesday 18th
For the upcoming trading day on Tuesday, 18th we expect Vanguard S&P Mid-Cap 400 Growth Index Fund ETF Shares to open at $109.04, and during the day (based on 14 day Average True Range), to move between $107.91 and $110.88, which gives a possible trading interval of +/-$1.49 (+/-1.36%) 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 2.72% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $108.90 (0.45%) than the resistance at $110.70 (1.19%), 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?
Vanguard S&P Mid-Cap 400 Growth Index holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this ETF.
Current score: -3.089 Sell Candidate Unchanged
Predicted Opening Price for Vanguard S&P Mid-Cap 400 Growth Index Fund ETF Shares of Tuesday, June 18, 2024
| Fair opening price June 18, 2024 | Current price |
|---|---|
| $109.04 ( 0.329%) | $109.40 |
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 | |
|---|---|---|
| R3 | 110.59 | 1.09% |
| R2 | 109.99 | 0.547% |
| R1 | 109.63 | 0.212% |
| Price | 109.40 | |
| S1 | 108.44 | -0.87% |
| S2 | 108.08 | -1.20% |
| S3 | 107.49 | -1.75% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 112.03 | 2.41% |
| R2 | 111.82 | 2.22% |
| R1 | 110.70 | 1.19% |
| Price | 109.40 | |
| S1 | 108.90 | -0.452% |
| S2 | 108.23 | -1.06% |
| S3 | 106.34 | -2.79% |
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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