Vanguard Industrials Index Fund Shares ETF Forecast

Red day on Monday for Vanguard Industrials Index Fund Shares
(Updated on Apr 15, 2024)

VIS Signals & Forecast

There are few to no technical positive signals at the moment. The Vanguard Industrials Index Fund Shares ETF holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $240.11 and $238.15. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, March 28, 2024, and so far it has fallen -3.60%. 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. The ETF had a Golden Star Signal on Wednesday, May 17, 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 Industrials Index Fund Shares ETF

Vanguard Industrials Index Fund Shares finds support from accumulated volume at $223.61 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 $5.91 between high and low, or 2.52%. For the last week the ETF has had daily average volatility of 1.56%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (VIS) For The Upcoming Trading Day Of Tuesday 16th

For the upcoming trading day on Tuesday, 16th we expect Vanguard Industrials Index Fund ETF Shares to open at $236.90, and during the day (based on 14 day Average True Range), to move between $232.37 and $238.35, which gives a possible trading interval of +/-$2.99 (+/-1.27%) up or down from last closing price. If Vanguard Industrials Index Fund ETF Shares takes out the full calculated possible swing range there will be an estimated 2.54% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $242.07 (2.85%) than the support at $223.61 (4.99%), 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 Industrials Index Fund ETF Shares ETF A Buy?

The Vanguard Industrials Index Fund Shares ETF holds several negative signals and despite the positive trend, we believe Vanguard Industrials Index Fund Shares will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this ETF.

Current score: -2.969 Sell Candidate Unchanged

Predicted Opening Price for Vanguard Industrials Index Fund ETF Shares of Tuesday, April 16, 2024

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