Vanguard Ftse Developed Asia Pacific Ex ETF Forecast

Green day on Monday for Vanguard Ftse Developed Asia Pacific Ex ETF after gaining 0.440%
(Updated on Jun 24, 2024)

VGEJ.F Signals & Forecast

The Vanguard Ftse Developed Asia Pacific Ex ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the ETF has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at 23.86€ and 23.92€. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, May 31, 2024, and so far it has risen 2.72%. 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). Some negative signals were issued as well, and these may have some influence on the near short-term development. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not. The ETF had a Golden Star Signal on Thursday, December 07, 2023 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 Ftse Developed Asia Pacific Ex ETF

Vanguard Ftse Developed Asia Pacific Ex finds support from accumulated volume at 23.98€ 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 therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the ETF During the last day, the ETF moved 0.195€ between high and low, or 0.82%. For the last week the ETF has had daily average volatility of 0.541%

Our recommended stop-loss: 22.81€ (-4.92%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 27 days ago.)

Trading Expectations (VGEJ.F) For The Upcoming Trading Day Of Tuesday 25th

For the upcoming trading day on Tuesday, 25th we expect Vanguard Ftse Developed Asia Pacific Ex Japan Ucits Etf to open at 23.93€, and during the day (based on 14 day Average True Range), to move between 23.77€ and 24.20€, which gives a possible trading interval of +/-0.211€ (+/-0.88%) up or down from last closing price. If Vanguard Ftse Developed Asia Pacific Ex Japan Ucits Etf 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 support from accumulated volume at 23.98€ (0.02%) than the resistance at 24.03€ (0.19%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Vanguard Ftse Developed Asia Pacific Ex Japan Ucits Etf ETF A Buy?

Vanguard Ftse Developed Asia Pacific Ex holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: -0.455 Hold/Accumulate Unchanged

Predicted Opening Price for Vanguard Ftse Developed Asia Pacific Ex Japan Ucits Etf of Tuesday, June 25, 2024

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