Vanguard U.k. Gilt Ucits Etf ETF Forecast
Green day on Tuesday for Vanguard U.k. Gilt Ucits Etf
(Updated on Jun 25, 2024)
The Vanguard U.k. Gilt Ucits Etf ETF price gained 0.149% on the last trading day (Tuesday, 25th Jun 2024), rising from £16.72 to £16.75. During the last trading day the ETF fluctuated 0.523% from a day low at £16.73 to a day high of £16.82. The price has risen in 6 of the last 10 days and is up by 1.98% over the past 2 weeks. Volume fell on the last day by -25 thousand shares and in total, 12 thousand shares were bought and sold for approximately £205.32 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The ETFis at the upper part of a narrow and horizontal trend and normally this may pose a good selling opportunity but a break-up through the top trend line at £16.80 will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect Vanguard U.k. Gilt Ucits Etf ETF with a 90% probability to be traded between £16.21 and £16.75 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. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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VGOV.L Signals & Forecast
The Vanguard U.k. Gilt Ucits Etf 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 £16.74 and £16.61. A breakdown below any of these levels will issue sell signals. 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 Tuesday, June 18, 2024, and so far it has fallen -0.216%. Further fall is indicated until a new bottom pivot has been found. 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 Friday, May 31, 2024 in the short-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
The ETF had a Golden Star Signal on Friday, May 31, 2024 in the short-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.
A sell signal from a double top formation was found on Tuesday, June 18, 2024 and based on theory for this formation the price should fall by -4.76% to £15.95 within 23 trading days since signal was issued (Friday, July 19, 2024).
Support, Risk & Stop-loss for Vanguard U.k. Gilt Ucits Etf ETF
Vanguard U.k. Gilt Ucits Etf finds support from accumulated volume at £16.73 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 £0.0875 between high and low, or 0.523%. For the last week the ETF has had daily average volatility of 1.19%
Our recommended stop-loss: £16.19 (-3.33%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 17 days ago.)
Trading Expectations (VGOV.L) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect Vanguard U.k. Gilt Ucits Etf to open at £16.76, and during the day (based on 14 day Average True Range), to move between £16.56 and £16.94, which gives a possible trading interval of +/-£0.187 (+/-1.12%) up or down from last closing price. If Vanguard U.k. Gilt Ucits Etf takes out the full calculated possible swing range there will be an estimated 2.24% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at £16.76 (0.08%) than the support at £16.73 (0.11%), 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 U.k. Gilt Ucits Etf ETF A Buy?
Vanguard U.k. Gilt Ucits Etf 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: -0.300 Hold/Accumulate Unchanged
Predicted Opening Price for Vanguard U.k. Gilt Ucits Etf of Wednesday, June 26, 2024
| Fair opening price June 26, 2024 | Current price |
|---|---|
| £16.76 ( 0.0896%) | £16.75 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for VGOV.L
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 16.85 | 0.612% |
| R2 | 16.82 | 0.412% |
| R1 | 16.80 | 0.289% |
| Price | 16.75 | |
| S1 | 16.73 | -0.110% |
| S2 | 16.71 | -0.233% |
| S3 | 16.68 | -0.433% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 16.98 | 1.38% |
| R2 | 16.83 | 0.485% |
| R1 | 16.76 | 0.0821% |
| Price | 16.75 | |
| S1 | 16.73 | -0.112% |
| S2 | 16.69 | -0.351% |
| S3 | 16.42 | -1.96% |
VGOV Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 16, 2024 | May 16, 2024 | May 29, 2024 | £0.0639 | 0.392% |
| 2 | Apr 11, 2024 | Apr 11, 2024 | Apr 24, 2024 | £0.0501 | 0.306% |
| 3 | Mar 15, 2024 | Mar 15, 2024 | Mar 27, 2024 | £0.0481 | 0.283% |
| 4 | Mar 14, 2024 | Mar 14, 2024 | Mar 27, 2024 | £0.0481 | 0.283% |
| 5 | Feb 15, 2024 | Feb 15, 2024 | Feb 28, 2024 | £0.0549 | 0.331% |
FAQ
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