Vanguard U.S. Dividend Appreciation ETF Forecast
Green day on Thursday for Vanguard U.S. Dividend Appreciation ETF after gaining 0.232%
(Updated on Jun 20, 2024)
The Vanguard U.S. Dividend Appreciation ETF price gained 0.232% on the last trading day (Thursday, 20th Jun 2024), rising from $60.36 to $60.50. During the last trading day the ETF fluctuated 0.414% from a day low at $60.39 to a day high of $60.64. The price has risen in 6 of the last 10 days and is up by 1.92% 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, 2 thousand more shares were traded than the day before. In total, 10 thousand shares were bought and sold for approximately $579.77 thousand.
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 2.43% during the next 3 months and, with a 90% probability hold a price between $59.26 and $62.99 at the end of this 3-month period.
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VGH.TO Signals & Forecast
Mostly positive signals in the chart today. The Vanguard U.S. Dividend Appreciation 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 $60.15 and $59.33. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, April 18, 2024, and so far it has risen 6.44%. 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). Vanguard U.S. Dividend Appreciation has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk.
Support, Risk & Stop-loss for Vanguard U.S. Dividend Appreciation ETF
Vanguard U.S. Dividend Appreciation finds support from accumulated volume at $60.00 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 $0.250 between high and low, or 0.414%. For the last week the ETF has had daily average volatility of 0.540%.
Our recommended stop-loss: $58.37 (-3.52%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 63 days ago.)
Trading Expectations (VGH.TO) For The Upcoming Trading Day Of Friday 21st
For the upcoming trading day on Friday, 21st we expect Vanguard U.S. Dividend Appreciation Index ETF (CAD-hedged) to open at $60.51, and during the day (based on 14 day Average True Range), to move between $60.11 and $60.89, which gives a possible trading interval of +/-$0.394 (+/-0.65%) up or down from last closing price. If Vanguard U.S. Dividend Appreciation Index ETF (CAD-hedged) takes out the full calculated possible swing range there will be an estimated 1.30% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ $60.00, some $0.500 (0.83%) from the current price of $60.50, our system finds the risk reward attractive.
Is Vanguard U.S. Dividend Appreciation Index ETF (CAD-hedged) 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 U.S. Dividend Appreciation ETF to perform well in the short-term.
Current score: 4.992 Buy Candidate Unchanged
Predicted Opening Price for Vanguard U.S. Dividend Appreciation Index ETF (CAD-hedged) of Friday, June 21, 2024
| Fair opening price June 21, 2024 | Current price |
|---|---|
| $60.51 ( 0.0165%) | $60.50 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for VGH.TO
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 60.76 | 0.430% |
| R2 | 60.66 | 0.272% |
| R1 | 60.61 | 0.174% |
| Price | 60.50 | |
| S1 | 60.41 | -0.141% |
| S2 | 60.36 | -0.239% |
| S3 | 60.26 | -0.397% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 0 | - |
| R1 | 0 | - |
| Price | 60.50 | |
| S1 | 60.00 | -0.83% |
| S2 | 59.75 | -1.24% |
| S3 | 58.98 | -2.51% |
VGH Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 27, 2024 | Mar 27, 2024 | Apr 02, 2024 | $0.212 | 0.359% |
| 2 | Mar 22, 2024 | Mar 22, 2024 | Apr 02, 2024 | $0.212 | 0.359% |
| 3 | Dec 28, 2023 | Dec 28, 2023 | Dec 28, 2023 | $0.199 | 0.355% |
| 4 | Sep 28, 2023 | Sep 28, 2023 | Sep 28, 2023 | $0.182 | 0.354% |
| 5 | Jun 29, 2023 | Jun 29, 2023 | Jun 29, 2023 | $0.176 | 0.331% |
FAQ
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