Vanguard Lifestrategy 40% Equity Ucits ETF Forecast

Vanguard Lifestrategy 40% Equity Ucits ETF price up 0.0404% on Thursday
(Updated on Jun 27, 2024)

VNGD40.MI Signals & Forecast

The Vanguard Lifestrategy 40% Equity Ucits ETF holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the ETF giving a positive forecast for the stock. On further gains, the ETF will meet resistance from the short-term Moving Average at approximately 24.75€. On a fall, the ETF will find some support from the long-term average at approximately 24.71€. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Vanguard Lifestrategy 40% Equity Ucits 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. The very low volume increases the risk and reduces the other technical signals issued. 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 Wednesday, June 12, 2024, and so far it has fallen -0.92%. 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). The ETF had a Golden Star Signal on Wednesday, August 30, 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 Lifestrategy 40% Equity Ucits ETF

Vanguard Lifestrategy 40% Equity Ucits finds support from accumulated volume at 24.51€ 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 0.0250€ between high and low, or 0.101%. For the last week the ETF has had daily average volatility of 0.162%.

Our recommended stop-loss: 23.72€ (-4.18%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 18 days ago.)

Trading Expectations (VNGD40.MI) For The Upcoming Trading Day Of Friday 28th

For the upcoming trading day on Friday, 28th we expect Vanguard Lifestrategy 40% Equity Ucits Etf to open at 24.74€, and during the day (based on 14 day Average True Range), to move between 24.65€ and 24.85€, which gives a possible trading interval of +/-0.0973€ (+/-0.39%) up or down from last closing price. If Vanguard Lifestrategy 40% Equity Ucits Etf takes out the full calculated possible swing range there will be an estimated 0.79% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at 24.76€ (0.04%) than the support at 24.51€ (0.97%), 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 Lifestrategy 40% Equity Ucits Etf ETF A Buy?

Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Vanguard Lifestrategy 40% Equity Ucits ETF to perform well in the short-term period.

Current score: 2.020 Buy Candidate Unchanged

Predicted Opening Price for Vanguard Lifestrategy 40% Equity Ucits Etf of Friday, June 28, 2024

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