Vanguard Real Estate Index Fund Shares ETF Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Green day on Friday for Vanguard Real Estate Index Fund Shares
(Updated on May 03, 2024)
The Vanguard Real Estate Index Fund Shares ETF price gained 0.669% on the last trading day (Friday, 3rd May 2024), rising from $80.76 to $81.30. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the ETF fluctuated 1.88% from a day low at $81.12 to a day high of $82.64. The price has risen in 8 of the last 10 days and is up by 2.91% over the past 2 weeks. Volume fell on the last day by -533 thousand shares and in total, 4 million shares were bought and sold for approximately $345.03 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The ETF lies in the middle of a falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the ETF is expected to fall -5.73% during the next 3 months and, with a 90% probability hold a price between $73.17 and $79.66 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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VNQ Signals & Forecast
A buy signal was issued from a pivot bottom point on Wednesday, April 17, 2024, and so far it has risen 3.42%. 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). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The ETF should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Vanguard Real Estate Index Fund Shares ETF holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the ETF giving a more negative forecast for the stock. On further gains, the ETF will meet resistance from the long-term Moving Average at $82.56. On a fall, the ETF will find some support from the short-term average at $80.37. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal.
Support, Risk & Stop-loss for Vanguard Real Estate Index Fund Shares ETF
Vanguard Real Estate Index Fund Shares finds support from accumulated volume at $79.64 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This ETF is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the ETF moved $1.53 (1.88%) between high and low. For the last week, the ETF has had daily average volatility of 1.65%.
Our recommended stop-loss: $77.37 (-4.83%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 12 days ago.)
Trading Expectations (VNQ) For The Upcoming Trading Day Of Monday 6th
For the upcoming trading day on Monday, 6th we expect Vanguard Real Estate Index Fund ETF Shares to open at $81.69, and during the day (based on 14 day Average True Range), to move between $79.94 and $82.66, which gives a possible trading interval of +/-$1.36 (+/-1.67%) up or down from last closing price. If Vanguard Real Estate Index Fund ETF Shares takes out the full calculated possible swing range there will be an estimated 3.34% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $82.41 (1.37%) than the support at $79.64 (2.04%), 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 Real Estate Index Fund ETF Shares ETF A Buy?
Vanguard Real Estate Index Fund Shares 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: -0.855 Hold/Accumulate Unchanged
Predicted Opening Price for Vanguard Real Estate Index Fund ETF Shares of Monday, May 6, 2024
| Fair opening price May 6, 2024 | Current price |
|---|---|
| $81.69 ( 0.474%) | $81.30 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for VNQ
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 83.21 | 2.35 % | |
| R2 | 82.63 | 1.63 % | ||
| R1 | 82.27 | 1.19 % | ||
| Current price: | 81.30 | |||
| Support | S1 | 81.10 | -0.243 % | |
| S2 | 80.74 | -0.686 % | ||
| S3 | 80.16 | -1.40 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 84.05 | 3.38 % | |
| R2 | 82.69 | 1.71 % | ||
| R1 | 82.41 | 1.37 % | ||
| Current price | 81.30 | |||
| Support | S1 | 79.64 | -2.04% | |
| S2 | 79.61 | -2.08% | ||
| S3 | 79.19 | -2.60% |
VNQ Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 05, 2024 | Mar 22, 2024 | Mar 27, 2024 | $0.732 | 0.85% |
| 2 | Dec 21, 2023 | Dec 21, 2023 | Dec 21, 2023 | $1.07 | 1.22% |
| 3 | Mar 16, 2023 | Sep 28, 2023 | Oct 03, 2023 | $0.727 | 1.00% |
| 4 | Mar 16, 2023 | Jun 29, 2023 | Jul 05, 2023 | $0.93 | 1.10% |
| 5 | Mar 16, 2023 | Mar 24, 2023 | Mar 29, 2023 | $0.770 | 0.96% |
FAQ
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