Vanguard Consumer Staples Index Fund ETF Forecast
Vanguard Consumer Staples Index Fund ETF upgraded from Hold/Accumulate to Buy Candidate after Tuesday trading session.
(Updated on Apr 30, 2024)
The Vanguard Consumer Staples Index Fund ETF price fell by -0.540% on the last day (Tuesday, 30th Apr 2024) from $201.89 to $200.80. During the last trading day the ETF fluctuated 0.534% from a day low at $200.56 to a day high of $201.63. The price has risen in 7 of the last 10 days and is up by 3% over the past 2 weeks. Volume has increased on the last day by 2 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, 54 thousand shares were bought and sold for approximately $10.77 million.
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 2.57% during the next 3 months and, with a 90% probability hold a price between $200.52 and $211.27 at the end of this 3-month period.
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VDC Signals & Forecast
The Vanguard Consumer Staples Index Fund 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 $201.20. On a fall, the ETF will find some support from the long-term average at approximately $200.29. 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. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). 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, April 24, 2024, and so far it has fallen -0.668%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the ETF should be followed more closely.
Support, Risk & Stop-loss for Vanguard Consumer Staples Index Fund ETF
Vanguard Consumer Staples Index Fund finds support from accumulated volume at $193.05 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 $1.07 between high and low, or 0.534%. For the last week the ETF has had daily average volatility of 0.97%.
Our recommended stop-loss: $194.71 (-3.03%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 4 days ago.)
Trading Expectations (VDC) For The Upcoming Trading Day Of Wednesday 1st
For the upcoming trading day on Wednesday, 1st we expect Vanguard Consumer Staples Index Fund ETF Shares to open at $201.00, and during the day (based on 14 day Average True Range), to move between $199.04 and $202.56, which gives a possible trading interval of +/-$1.76 (+/-0.88%) up or down from last closing price. If Vanguard Consumer Staples Index Fund ETF Shares takes out the full calculated possible swing range there will be an estimated 1.76% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $201.49 (0.34%) than the support at $193.05 (3.86%), 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 Consumer Staples 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 Consumer Staples Index Fund ETF to perform well in the short-term. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Hold/Accumulate to a Buy candidate.
Current score: 1.754 Buy Candidate Upgraded
Predicted Opening Price for Vanguard Consumer Staples Index Fund ETF Shares of Wednesday, May 1, 2024
Fair opening price May 1, 2024 | Current price |
---|---|
$201.00 ( 0.0979%) | $200.80 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for VDC
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 202.07 | 0.631 % | |
R2 | 201.66 | 0.427 % | ||
R1 | 201.41 | 0.301 % | ||
Current price: | 200.80 | |||
Support | S1 | 200.59 | -0.106 % | |
S2 | 200.34 | -0.231 % | ||
S3 | 199.93 | -0.435 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 204.02 | 1.60 % | |
R2 | 202.43 | 0.81 % | ||
R1 | 201.49 | 0.344 % | ||
Current price | 200.80 | |||
Support | S1 | 193.05 | -3.86% | |
S2 | 192.93 | -3.92% | ||
S3 | 192.76 | -4.00% |
VDC Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Mar 22, 2024 | Mar 22, 2024 | Mar 27, 2024 | $0.86 | 0.423% |
2 | Dec 19, 2023 | Dec 19, 2023 | Dec 19, 2023 | $1.79 | 0.94% |
3 | Mar 15, 2023 | Sep 28, 2023 | Oct 03, 2023 | $1.03 | 0.572% |
4 | Mar 15, 2023 | Jun 29, 2023 | Jul 05, 2023 | $1.39 | 0.711% |
5 | Mar 15, 2023 | Mar 24, 2023 | Mar 29, 2023 | $0.84 | 0.440% |
FAQ
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