Vanguard S&p 500 Ucits Etf ETF Forecast

Vanguard S&p 500 Ucits Etf ETF price ended at 97.10€ on Friday, after gaining 0.428%.
(Updated on Jun 28, 2024)

VUAA.F Signals & Forecast

Mostly positive signals in the chart today. The Vanguard S&p 500 Ucits Etf 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 96.78€ and 93.85€. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, April 25, 2024, and so far it has risen 10.03%. 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 S&p 500 Ucits Etf ETF

On the downside, the ETF finds support just below today's level from accumulated volume at 91.02€ and 89.99€. There is a natural risk involved when a ETF is testing a support level, since if this is broken, the ETF then may fall to the next support level. In this case, Vanguard S&p 500 Ucits Etf finds support just below today's level at 91.02€. If this is broken, then the next support from accumulated volume will be at 89.99€ and 89.67€.

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 0.622€ (0.641%) between high and low. For the last week, the ETF has had daily average volatility of 0.548%.

The Vanguard S&p 500 Ucits Etf ETF is extremely overbought on RSI14 (88). This increases the short-term risk substantially.

Our recommended stop-loss: 93.96€ (-3.24%) (This ETF has low daily movements and this gives low risk. The RSI14 is 88 and this increases the risk substantially. There is a buy signal from a pivot bottom found 63 days ago.)

Trading Expectations (VUAA.F) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Vanguard S&p 500 Ucits Etf to open at 97.26€, and during the day (based on 14 day Average True Range), to move between 96.45€ and 97.75€, which gives a possible trading interval of +/-0.651€ (+/-0.67%) up or down from last closing price. If Vanguard S&p 500 Ucits Etf takes out the full calculated possible swing range there will be an estimated 1.34% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ 91.02€, some 6.08€ (6.27%) from the current price of 97.10€, our system finds the risk reward attractive.

Is Vanguard S&p 500 Ucits Etf ETF A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Vanguard S&p 500 Ucits Etf ETF to perform well in the short-term.

Current score: 4.375 Buy Candidate Unchanged

Predicted Opening Price for Vanguard S&p 500 Ucits Etf of Monday, July 1, 2024

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