VanEck Vectors Morningstar Wide Moat ETF Forecast
Green day on Wednesday for VanEck Vectors Morningstar Wide Moat
(Updated on Jun 12, 2024)
The VanEck Vectors Morningstar Wide Moat ETF price gained 0.348% on the last trading day (Wednesday, 12th Jun 2024), rising from $86.27 to $86.57. During the last trading day the ETF fluctuated 1.15% from a day low at $86.42 to a day high of $87.41. The price has fallen in 6 of the last 10 days but is still up by 0.5% over the past 2 weeks. Volume fell on the last day by -218 thousand shares and in total, 789 thousand shares were bought and sold for approximately $68.33 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 VanEck Vectors Morningstar Wide Moat ETF with a 90% probability to be traded between $82.94 and $88.86 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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MOAT Signals & Forecast
A buy signal was issued from a pivot bottom point on Thursday, May 30, 2024, and so far it has risen 1.00%. 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. The VanEck Vectors Morningstar Wide Moat 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 $86.73 and $87.22. 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).
Support, Risk & Stop-loss for VanEck Vectors Morningstar Wide Moat ETF
VanEck Vectors Morningstar Wide Moat finds support from accumulated volume at $85.71 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 $0.99 between high and low, or 1.15%. For the last week the ETF has had daily average volatility of 0.788%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (MOAT) For The Upcoming Trading Day Of Thursday 13th
For the upcoming trading day on Thursday, 13th we expect VanEck Vectors Morningstar Wide Moat ETF to open at $86.80, and during the day (based on 14 day Average True Range), to move between $85.73 and $87.41, which gives a possible trading interval of +/-$0.84 (+/-0.97%) up or down from last closing price. If VanEck Vectors Morningstar Wide Moat ETF takes out the full calculated possible swing range there will be an estimated 1.94% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $86.60 (0.03%) than the support at $85.71 (0.99%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Is VanEck Vectors Morningstar Wide Moat ETF ETF A Buy?
VanEck Vectors Morningstar Wide Moat holds several negative signals and is within a falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this ETF.
Current score: -1.625 Sell Candidate Unchanged
Predicted Opening Price for VanEck Vectors Morningstar Wide Moat ETF of Thursday, June 13, 2024
| Fair opening price June 13, 2024 | Current price |
|---|---|
| $86.80 ( 0.266%) | $86.57 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for MOAT
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 87.79 | 1.41% |
| R2 | 87.41 | 0.97% |
| R1 | 87.18 | 0.703% |
| Price | 86.57 | |
| S1 | 86.42 | -0.171% |
| S2 | 86.19 | -0.441% |
| S3 | 85.81 | -0.88% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 89.16 | 2.99% |
| R2 | 87.97 | 1.62% |
| R1 | 86.60 | 0.0347% |
| Price | 86.57 | |
| S1 | 85.71 | -0.99% |
| S2 | 84.98 | -1.84% |
| S3 | 84.43 | -2.47% |
MOAT Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 15, 2023 | Dec 18, 2023 | Dec 22, 2023 | $0.729 | 0.86% |
| 2 | Dec 16, 2022 | Dec 19, 2022 | Dec 23, 2022 | $0.81 | 1.25% |
| 3 | Dec 17, 2021 | Dec 20, 2021 | Dec 27, 2021 | $0.82 | 1.08% |
| 4 | Dec 18, 2020 | Dec 21, 2020 | Dec 28, 2020 | $0.90 | 1.46% |
| 5 | Dec 23, 2019 | Dec 23, 2019 | Dec 30, 2019 | $0.717 | 1.30% |
FAQ
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