VANGUARD FTSE ALL-WORLD EX-US INDEX FUND ETF Forecast
VANGUARD FTSE ALL-WORLD EX-US INDEX FUND ETF downgraded from Hold/Accumulate to Sell Candidate after Thursday trading session.
(Updated on Jun 20, 2024)
The VANGUARD FTSE ALL-WORLD EX-US INDEX FUND ETF price fell by -0.0675% on the last day (Thursday, 20th Jun 2024) from $59.24 to $59.20. During the last trading day the ETF fluctuated 0.517% from a day low at $59.00 to a day high of $59.31. The price has been going up and down for this period, and there has been a -1.22% loss for the last 2 weeks. Volume fell on the last day along with the ETF, which is actually a good sign as volume should follow the ETF. On the last day, the trading volume fell by -936 thousand shares and in total, 2 million shares were bought and sold for approximately $107.04 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 3.71% during the next 3 months and, with a 90% probability hold a price between $59.84 and $63.52 at the end of this 3-month period.
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VEU Signals & Forecast
There are mixed signals in the ETF today. The VANGUARD FTSE ALL-WORLD EX-US INDEX FUND 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 $59.40. On a fall, the ETF will find some support from the short-term average at $59.14. 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. A sell signal was issued from a pivot top point on Friday, May 17, 2024, and so far it has fallen -2.10%. 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). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
Support, Risk & Stop-loss for VANGUARD FTSE ALL-WORLD EX-US INDEX FUND ETF
VANGUARD FTSE ALL-WORLD EX-US INDEX FUND finds support from accumulated volume at $58.72 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 $0.305 between high and low, or 0.517%. For the last week the ETF has had daily average volatility of 0.705%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (VEU) For The Upcoming Trading Day Of Friday 21st
For the upcoming trading day on Friday, 21st we expect VANGUARD FTSE ALL-WORLD EX-US INDEX FUND ETF SHARES to open at $59.17, and during the day (based on 14 day Average True Range), to move between $58.65 and $59.75, which gives a possible trading interval of +/-$0.550 (+/-0.93%) up or down from last closing price. If VANGUARD FTSE ALL-WORLD EX-US INDEX FUND ETF SHARES takes out the full calculated possible swing range there will be an estimated 1.86% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $59.48 (0.47%) than the support at $58.72 (0.81%), 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 FTSE ALL-WORLD EX-US INDEX FUND ETF SHARES ETF A Buy?
VANGUARD FTSE ALL-WORLD EX-US INDEX FUND 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Hold/Accumulate to a Sell candidate.
Current score: -1.963 Sell Candidate Downgraded
Predicted Opening Price for VANGUARD FTSE ALL-WORLD EX-US INDEX FUND ETF SHARES of Friday, June 21, 2024
| Fair opening price June 21, 2024 | Current price |
|---|---|
| $59.17 ( 0.0535%) | $59.20 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for VEU
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 59.47 | 0.462% |
| R2 | 59.36 | 0.265% |
| R1 | 59.28 | 0.143% |
| Price | 59.20 | |
| S1 | 59.05 | -0.250% |
| S2 | 58.98 | -0.372% |
| S3 | 58.86 | -0.569% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 59.93 | 1.23% |
| R2 | 59.82 | 1.05% |
| R1 | 59.48 | 0.473% |
| Price | 59.20 | |
| S1 | 58.72 | -0.81% |
| S2 | 58.12 | -1.82% |
| S3 | 56.24 | -5.00% |
VEU Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 15, 2024 | Mar 15, 2024 | Mar 20, 2024 | $0.215 | 0.367% |
| 2 | Mar 15, 2023 | Dec 18, 2023 | Dec 21, 2023 | $0.84 | 1.52% |
| 3 | Mar 15, 2023 | Sep 18, 2023 | Sep 21, 2023 | $0.300 | 0.572% |
| 4 | Mar 15, 2023 | Jun 20, 2023 | Jun 23, 2023 | $0.605 | 1.13% |
| 5 | Mar 15, 2023 | Mar 20, 2023 | Mar 23, 2023 | $0.115 | 0.222% |
FAQ
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