Vanguard FTSE All-World ex-US Small-Cap ETF Forecast

Weaker technical forecast for Vanguard FTSE All-World ex-US Small-Cap as ETF downgraded to Hold/Accumulate.
(Updated on May 17, 2024)

VSS Signals & Forecast

The Vanguard FTSE All-World ex-US Small-Cap 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 $119.38 and $116.22. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, April 16, 2024, and so far it has risen 7.65%. 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.

Support, Risk & Stop-loss for Vanguard FTSE All-World ex-US Small-Cap ETF

Vanguard FTSE All-World ex-US Small-Cap finds support from accumulated volume at $118.23 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 $0.700 (0.582%) between high and low. For the last week, the ETF has had daily average volatility of 0.467%.

Our recommended stop-loss: $115.35 (-4.56%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 23 days ago.)

Trading Expectations (VSS) For The Upcoming Trading Day Of Monday 20th

For the upcoming trading day on Monday, 20th we expect Vanguard FTSE All-World ex-US Small-Cap Index Fund ETF Shares to open at $120.65, and during the day (based on 14 day Average True Range), to move between $119.89 and $121.83, which gives a possible trading interval of +/-$0.97 (+/-0.80%) up or down from last closing price. If Vanguard FTSE All-World ex-US Small-Cap Index Fund ETF Shares takes out the full calculated possible swing range there will be an estimated 1.61% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $118.23, some $2.63 (2.18%) from the current price of $120.86, our system finds the risk reward attractive.

Is Vanguard FTSE All-World ex-US Small-Cap Index Fund ETF Shares ETF A Buy?

Vanguard FTSE All-World ex-US Small-Cap 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Buy to a Hold/Accumulate candidate.

Current score: 0.000 Hold/Accumulate Downgraded

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for Vanguard FTSE All-World ex-US Small-Cap Index Fund ETF Shares of Monday, May 20, 2024

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