VanEck Vectors Mortgage REIT Income ETF Forecast

$11.69
+0.120 (+1.04%)
At Close: Mar 28, 2024
RSI low/high Values: [ 25 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
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Green day on Thursday for VanEck Vectors Mortgage REIT Income ETF after gaining 1.04%
(Updated on Mar 28, 2024)

Buy candidate since Mar 27, 2024 Gain 1.04% PDF

The VanEck Vectors Mortgage REIT Income ETF price gained 1.04% on the last trading day (Thursday, 28th Mar 2024), rising from $11.57 to $11.69. During the last trading day the ETF fluctuated 0.99% from a day low at $11.58 to a day high of $11.70. The price has risen in 6 of the last 10 days and is up by 5.32% 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, 36 thousand more shares were traded than the day before. In total, 292 thousand shares were bought and sold for approximately $3.41 million.

Given the current short-term trend, the ETF is expected to fall -3.53% during the next 3 months and, with a 90% probability hold a price between $10.06 and $11.28 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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MORT Signals & Forecast

Mostly positive signals in the chart today. The VanEck Vectors Mortgage REIT Income 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 $11.49 and $11.17. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, February 13, 2024, and so far it has risen 9.87%. 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. The ETF had a Golden Star Signal on Wednesday, March 06, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the ETF in question.

Buy
Special Signal Notification

Golden Star

The ETF had a Golden Star Signal on Wednesday, March 06, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the ETF in question.

Support, Risk & Stop-loss for VanEck Vectors Mortgage REIT Income ETF

VanEck Vectors Mortgage REIT Income finds support from accumulated volume at $11.49 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 $0.115 between high and low, or 0.99%. For the last week the ETF has had daily average volatility of 1.46%.

Our recommended stop-loss: $11.25 (-3.74%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 31 days ago.)

Trading Expectations (MORT) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect VanEck Vectors Mortgage REIT Income ETF to open at $11.66, and during the day (based on 14 day Average True Range), to move between $11.50 and $11.88, which gives a possible trading interval of +/-$0.194 (+/-1.66%) up or down from last closing price. If VanEck Vectors Mortgage REIT Income ETF takes out the full calculated possible swing range there will be an estimated 3.33% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $11.76 (0.60%) than the support at $11.49 (1.71%), 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 Mortgage REIT Income ETF ETF A Buy?

Several short-term signals are positive, despite the ETF being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for ETF to perform well in the short-term.

Current score: 2.169 Buy Candidate Unchanged

Predicted Opening Price for VanEck Vectors Mortgage REIT Income ETF of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$11.66 ( 0.299%) $11.69

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for MORT

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 11.77 0.684 %
R2 11.73 0.309 %
R1 11.70 0.0764 %
Current price: 11.69
Support S1 11.61 -0.675 %
S2 11.58 -0.91 %
S3 11.54 -1.28 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 11.87 1.54 %
R2 11.82 1.11 %
R1 11.76 0.599 %
Current price 11.69
Support S1 11.49 -1.71%
S2 11.27 -3.59%
S3 11.23 -3.93%

MORT Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Dec 27, 2023 Dec 27, 2023 Dec 27, 2023 $0.341 2.80%
2 Dec 27, 2022 Oct 02, 2023 Oct 06, 2023 $0.340 3.28%
3 Dec 27, 2022 Jul 03, 2023 Jul 07, 2023 $0.287 2.50%
4 Apr 03, 2023 Apr 03, 2023 Apr 03, 2023 $0.472 4.39%
5 Jan 10, 2022 Dec 28, 2022 Dec 30, 2022 $0.399 3.42%

FAQ

What is the symbol for VanEck Vectors Mortgage REIT Income ETF ETF and on which exchange is it traded?
The symbol for VanEck Vectors Mortgage REIT Income ETF is MORT and it is traded on the NYSEARCA (NYSE Arca).

Should I buy or sell VanEck Vectors Mortgage REIT Income ETF ETF?
Several short-term signals are positive, despite the ETF being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for ETF to perform well in the short-term.

How to buy VanEck Vectors Mortgage REIT Income ETF ETF?
VanEck Vectors Mortgage REIT Income ETF ETF can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy VanEck Vectors Mortgage REIT Income ETF ETF.

What's the current price of VanEck Vectors Mortgage REIT Income ETF ETF?
As of the end of day on the 2024-03-28, the price of an VanEck Vectors Mortgage REIT Income ETF (MORT) share was $11.69.

What is the 52-week high and low for VanEck Vectors Mortgage REIT Income ETF ETF?
The 52-week high for VanEck Vectors Mortgage REIT Income ETF ETF is $12.56 and the 52-week low is $9.41.

What is the market capitalization of VanEck Vectors Mortgage REIT Income ETF ETF?
As of the 2024-03-28, the market capitalization of VanEck Vectors Mortgage REIT Income ETF is 261.941M.
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About VanEck Vectors Mortgage REIT Income ETF

The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The Mortgage REITs Index may include small-, medium- and large-capitalization companies. The fund is non-diversified.... MORT Profile

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