Vanguard Ftse 250 Ucits Etf ETF Forecast
Red day on Tuesday for Vanguard Ftse 250 Ucits Etf
(Updated on Jun 25, 2024)
The Vanguard Ftse 250 Ucits Etf ETF price fell by -1.00% on the last day (Tuesday, 25th Jun 2024) from 37.41€ to 37.03€. During the last trading day the ETF fluctuated 0.86% from a day low at 37.03€ to a day high of 37.35€. The price has been going up and down for this period, and there has been a -1.07% loss for the last 2 weeks. Volume fell on the last day along with the ETF, which is actually a good sign as volume should follow the ETF. On the last day, the trading volume fell by -416 shares and in total, 4 thousand shares were bought and sold for approximately 132.98€ thousand.
The ETF lies in the lower part of a weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at 36.89€ is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the ETF is expected to rise 7.14% during the next 3 months and, with a 90% probability hold a price between 39.53€ and 41.68€ at the end of this 3-month period.
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VMID.F Signals & Forecast
There are few to no technical positive signals at the moment. The Vanguard Ftse 250 Ucits Etf 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 37.09€ and 37.50€. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, June 03, 2024, and so far it has fallen -3.15%. 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 along with the price during the last trading day, which is technical positive. One should, however, note that this ETF may have low liquidity in periods, which increases the general risk.
Support, Risk & Stop-loss for Vanguard Ftse 250 Ucits Etf ETF
Vanguard Ftse 250 Ucits Etf finds support from accumulated volume at 36.88€ 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 0.320€ between high and low, or 0.86%. For the last week the ETF has had daily average volatility of 0.653%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (VMID.F) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect Vanguard Ftse 250 Ucits Etf to open at 37.14€, and during the day (based on 14 day Average True Range), to move between 36.71€ and 37.35€, which gives a possible trading interval of +/-0.322€ (+/-0.87%) up or down from last closing price. If Vanguard Ftse 250 Ucits Etf takes out the full calculated possible swing range there will be an estimated 1.74% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 36.88€ (0.41%) than the resistance at 37.20€ (0.46%), 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 250 Ucits Etf ETF A Buy?
The Vanguard Ftse 250 Ucits Etf ETF holds several negative signals and despite the positive trend, we believe Vanguard Ftse 250 Ucits Etf will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this ETF.
Current score: -2.284 Sell Candidate Unchanged
Predicted Opening Price for Vanguard Ftse 250 Ucits Etf of Wednesday, June 26, 2024
| Fair opening price June 26, 2024 | Current price |
|---|---|
| 37.14€ ( 0.288%) | 37.03€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for VMID.F
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 37.46 | 1.15% |
| R2 | 37.33 | 0.82% |
| R1 | 37.26 | 0.618% |
| Price | 37.03 | |
| S1 | 37.01 | -0.0421% |
| S2 | 36.94 | -0.246% |
| S3 | 36.82 | -0.576% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 38.08 | 2.82% |
| R2 | 37.60 | 1.54% |
| R1 | 37.20 | 0.459% |
| Price | 37.03 | |
| S1 | 36.88 | -0.405% |
| S2 | 36.72 | -0.84% |
| S3 | 36.65 | -1.03% |
FAQ
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