VANGUARD HEALTH CARE INDEX FUND SHARES ETF Forecast

VANGUARD HEALTH CARE INDEX FUND SHARES ETF upgraded to Hold/Accumulate.
(Updated on Apr 30, 2024)

VHT Signals & Forecast

A buy signal was issued from a pivot bottom point on Thursday, April 18, 2024, and so far it has risen 1.27%. 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. The VANGUARD HEALTH CARE INDEX FUND SHARES ETF holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $256.12 and $261.52. A break-up above any of these levels will issue buy signals. Volume rose on falling prices yesterday. This may be an early warning and the ETF should be followed more closely. The ETF had a Golden Star Signal on Friday, June 09, 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 HEALTH CARE INDEX FUND SHARES ETF

VANGUARD HEALTH CARE INDEX FUND SHARES finds support from accumulated volume at $254.77 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 $1.80 between high and low, or 0.703%. For the last week the ETF has had daily average volatility of 0.81%.

Our recommended stop-loss: $243.45 (-4.92%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 8 days ago.)

Trading Expectations (VHT) For The Upcoming Trading Day Of Wednesday 1st

For the upcoming trading day on Wednesday, 1st we expect VANGUARD HEALTH CARE INDEX FUND ETF SHARES to open at $256.64, and during the day (based on 14 day Average True Range), to move between $253.43 and $258.65, which gives a possible trading interval of +/-$2.61 (+/-1.02%) up or down from last closing price. If VANGUARD HEALTH CARE INDEX FUND ETF SHARES takes out the full calculated possible swing range there will be an estimated 2.04% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $256.64 (0.23%) than the support at $254.77 (0.50%), 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 HEALTH CARE INDEX FUND ETF SHARES ETF A Buy?

VANGUARD HEALTH CARE INDEX FUND SHARES holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: 0.354 Hold/Accumulate Upgraded

Predicted Opening Price for VANGUARD HEALTH CARE INDEX FUND ETF SHARES of Wednesday, May 1, 2024

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