Vanguard Lifestrategy 60% Equity Ucits ETF Forecast

Vanguard Lifestrategy 60% Equity Ucits ETF price up 0.125% on Tuesday
(Updated on Jun 25, 2024)

VNGD60.MI Signals & Forecast

The Vanguard Lifestrategy 60% Equity Ucits 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 27.95€ and 27.81€. 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 Wednesday, June 12, 2024, and so far it has fallen -0.410%. 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 not be. The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Vanguard Lifestrategy 60% Equity Ucits ETF

Vanguard Lifestrategy 60% Equity Ucits finds support from accumulated volume at 27.84€ 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€ between high and low, or 0%. For the last week the ETF has had daily average volatility of 0.207%

Our recommended stop-loss: 27.01€ (-3.42%) (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 (VNGD60.MI) For The Upcoming Trading Day Of Wednesday 26th

For the upcoming trading day on Wednesday, 26th we expect Vanguard Lifestrategy 60% Equity Ucits Etf to open at 27.97€, and during the day (based on 14 day Average True Range), to move between 27.85€ and 28.08€, which gives a possible trading interval of +/-0.117€ (+/-0.42%) up or down from last closing price. If Vanguard Lifestrategy 60% Equity Ucits Etf takes out the full calculated possible swing range there will be an estimated 0.83% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at 27.99€ (0.07%) than the support at 27.84€ (0.45%), 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 60% Equity Ucits Etf ETF A Buy?

Vanguard Lifestrategy 60% Equity Ucits 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: 0.866 Hold/Accumulate Unchanged

Predicted Opening Price for Vanguard Lifestrategy 60% Equity Ucits Etf of Wednesday, June 26, 2024

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