Vanguard Total World Stock Index Fund ETF Forecast

Vanguard Total World Stock Index Fund ETF upgraded to Strong Buy Candidate.
(Updated on May 09, 2024)

VT Signals & Forecast

Mostly positive signals in the chart today. The Vanguard Total World Stock Index Fund 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 $108.92 and $108.42. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, April 19, 2024, and so far it has risen 5.20%. 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 is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss for Vanguard Total World Stock Index Fund ETF

Vanguard Total World Stock Index Fund finds support from accumulated volume at $108.46 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 $0.760 between high and low, or 0.693%. For the last week the ETF has had daily average volatility of 0.527%.

The Vanguard Total World Stock Index Fund ETF is overbought on RSI14 and lies in the upper part of the trend. Normally this may pose a good selling opportunity for the short-term trader, but some ETFS may go long and hard while being overbought and the RSI is still moving upwards. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely, and it is of great importance that the ETF manages to break the trend before that occurs.

Our recommended stop-loss: $105.06 (-4.84%) (This ETF has low daily movements and this gives low risk. The RSI14 is 77 and this increases the risk substantially. There is a buy signal from a pivot bottom found 14 days ago.)

Trading Expectations (VT) For The Upcoming Trading Day Of Friday 10th

For the upcoming trading day on Friday, 10th we expect Vanguard Total World Stock Index Fund ETF Shares to open at $110.15, and during the day (based on 14 day Average True Range), to move between $109.31 and $111.49, which gives a possible trading interval of +/-$1.09 (+/-0.99%) up or down from last closing price. If Vanguard Total World Stock Index Fund ETF Shares takes out the full calculated possible swing range there will be an estimated 1.98% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $110.46 (0.05%) than the support at $108.46 (1.76%), 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 Total World Stock Index Fund ETF Shares ETF A Buy?

Vanguard Total World Stock Index Fund holds several positive signals and is considered to be a good choice at current levels. We expect the Vanguard Total World Stock Index Fund ETF to perform great in the short-term period. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Hold/Accumulate to a Strong Buy candidate.

Current score: 5.571 Strong Buy Candidate Upgraded

Predicted Opening Price for Vanguard Total World Stock Index Fund ETF Shares of Friday, May 10, 2024

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