Vanguard Funds Plc - Vanguard Esg Global 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
Weaker technical forecast for Vanguard Funds Plc - Vanguard Esg Global as ETF downgraded to Hold/Accumulate.
(Updated on Jun 28, 2024)
The Vanguard Funds Plc - Vanguard Esg Global ETF price fell by -0.210% on the last day (Friday, 28th Jun 2024) from £4.82 to £4.81. During the last trading day the ETF fluctuated 0.135% from a day low at £4.81 to a day high of £4.81. The price has risen in 6 of the last 10 days and is up by 1.39% over the past 2 weeks. Volume has increased on the last day by 24 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 24 thousand shares were bought and sold for approximately £116.97 thousand.
The ETF is moving within a narrow and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Vanguard Funds Plc - Vanguard Esg Global ETF with a 90% probability to be traded between £4.83 and £4.92 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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V3GU.L Signals & Forecast
The Vanguard Funds Plc - Vanguard Esg Global ETF holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the ETF giving a positive forecast for the stock. On further gains, the ETF will meet resistance from the short-term Moving Average at approximately £4.81. On a fall, the ETF will find some support from the long-term average at approximately £4.76. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. 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 Monday, June 24, 2024, and so far it has fallen -0.352%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Vanguard Funds Plc - Vanguard Esg Global gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The ETF had a Golden Star Signal on Thursday, May 02, 2024 in the long-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.
Golden Star 12 Months
The ETF had a Golden Star Signal on Thursday, May 02, 2024 in the long-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 Vanguard Funds Plc - Vanguard Esg Global ETF
Vanguard Funds Plc - Vanguard Esg Global finds support from accumulated volume at £4.78 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 £0.0065 between high and low, or 0.135%. For the last week the ETF has had daily average volatility of 0.0270%.
Our recommended stop-loss: £4.66 (-2.99%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 39 days ago.)
Trading Expectations (V3GU.L) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Vanguard Funds Plc - Vanguard Esg Global Corporate Bond Ucits Etf Usd Hedged Acc to open at £4.81, and during the day (based on 14 day Average True Range), to move between £4.79 and £4.82, which gives a possible trading interval of +/-£0.0134 (+/-0.28%) up or down from last closing price. If Vanguard Funds Plc - Vanguard Esg Global Corporate Bond Ucits Etf Usd Hedged Acc takes out the full calculated possible swing range there will be an estimated 0.56% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at £4.81 (0.14%) than the support at £4.78 (0.60%), 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 Vanguard Funds Plc - Vanguard Esg Global Corporate Bond Ucits Etf Usd Hedged Acc ETF A Buy?
Vanguard Funds Plc - Vanguard Esg Global holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Buy to a Hold/Accumulate candidate.
Current score: 0.000 Hold/Accumulate Downgraded
Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.
Predicted Opening Price for Vanguard Funds Plc - Vanguard Esg Global Corporate Bond Ucits Etf Usd Hedged Acc of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| £4.81 ( 0.0451%) | £4.81 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for V3GU.L
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 4.81 | 0.180% |
| R2 | 4.81 | 0.129% |
| R1 | 4.81 | 0.0967% |
| Price | 4.81 | |
| S1 | 4.81 | -0.0066% |
| S2 | 4.80 | -0.0385% |
| S3 | 4.80 | -0.0902% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 4.82 | 0.354% |
| R2 | 4.82 | 0.210% |
| R1 | 4.81 | 0.135% |
| Price | 4.81 | |
| S1 | 4.78 | -0.603% |
| S2 | 4.77 | -0.749% |
| S3 | 4.69 | -2.41% |
FAQ
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