Vanguard S&P 500 Growth Index Fund ETF Forecast
Green day on Monday for Vanguard S&P 500 Growth Index Fund ETF after gaining 0.89%
(Updated on Apr 22, 2024)
The Vanguard S&P 500 Growth Index Fund ETF price gained 0.89% on the last trading day (Monday, 22nd Apr 2024), rising from $286.24 to $288.79. During the last trading day the ETF fluctuated 1.72% from a day low at $285.75 to a day high of $290.67. The price has fallen in 8 of the last 10 days and is down by -5.05% for this period. Volume fell on the last day by -92 thousand shares and in total, 125 thousand shares were bought and sold for approximately $36.07 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 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 $286.51 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 5.76% during the next 3 months and, with a 90% probability hold a price between $303.01 and $330.30 at the end of this 3-month period.
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VOOG Signals & Forecast
A buy signal was issued from a pivot bottom point on Friday, April 19, 2024, and so far it has risen 0.89%. Further rise is indicated until a new top pivot has been found. 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 S&P 500 Growth Index Fund 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 $294.16 and $300.94. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for Vanguard S&P 500 Growth Index Fund ETF
Vanguard S&P 500 Growth Index Fund finds support from accumulated volume at $286.24 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 $4.92 between high and low, or 1.72%. For the last week the ETF has had daily average volatility of 1.60%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (VOOG) For The Upcoming Trading Day Of Tuesday 23rd
For the upcoming trading day on Tuesday, 23rd we expect Vanguard S&P 500 Growth Index Fund ETF Shares to open at $288.40, and during the day (based on 14 day Average True Range), to move between $284.30 and $293.28, which gives a possible trading interval of +/-$4.49 (+/-1.56%) up or down from last closing price. If Vanguard S&P 500 Growth Index Fund ETF Shares takes out the full calculated possible swing range there will be an estimated 3.11% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $290.31 (0.53%) than the support at $286.24 (0.88%), 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 S&P 500 Growth Index Fund ETF Shares ETF A Buy?
The Vanguard S&P 500 Growth Index Fund ETF holds several negative signals and despite the positive trend, we believe Vanguard S&P 500 Growth Index Fund will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this ETF.
Current score: -1.048 Sell Candidate Unchanged
Predicted Opening Price for Vanguard S&P 500 Growth Index Fund ETF Shares of Tuesday, April 23, 2024
| Fair opening price April 23, 2024 | Current price |
|---|---|
| $288.40 ( 0.134%) | $288.79 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for VOOG
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 293.32 | 1.57 % | |
| R2 | 291.44 | 0.92 % | ||
| R1 | 290.28 | 0.517 % | ||
| Current price: | 288.79 | |||
| Support | S1 | 286.52 | -0.785 % | |
| S2 | 285.36 | -1.19 % | ||
| S3 | 283.48 | -1.84 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 301.26 | 4.32 % | |
| R2 | 296.28 | 2.59 % | ||
| R1 | 290.31 | 0.526 % | ||
| Current price | 288.79 | |||
| Support | S1 | 286.24 | -0.88% | |
| S2 | 282.82 | -2.07% | ||
| S3 | 281.18 | -2.64% |
VOOG Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 22, 2024 | Mar 22, 2024 | Mar 27, 2024 | $0.301 | 0.0987% |
| 2 | Dec 20, 2023 | Dec 20, 2023 | Dec 20, 2023 | $0.91 | 0.341% |
| 3 | Mar 15, 2023 | Sep 28, 2023 | Oct 03, 2023 | $0.751 | 0.307% |
| 4 | Mar 15, 2023 | Jun 29, 2023 | Jul 05, 2023 | $0.699 | 0.275% |
| 5 | Mar 15, 2023 | Mar 24, 2023 | Mar 29, 2023 | $0.684 | 0.303% |
FAQ
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