VANGUARD GROWTH INDEX FUND SHARES ETF Forecast
VANGUARD GROWTH INDEX FUND SHARES ETF price up 1.82% on Friday
(Updated on Apr 26, 2024)
The VANGUARD GROWTH INDEX FUND SHARES ETF price gained 1.82% on the last trading day (Friday, 26th Apr 2024), rising from $329.19 to $335.18. During the last trading day the ETF fluctuated 1.23% from a day low at $332.48 to a day high of $336.55. The price has fallen in 6 of the last 10 days and is down by -1.8% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 488 thousand more shares were traded than the day before. In total, 1 million shares were bought and sold for approximately $480.01 million.
The ETF lies in the middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the ETF is expected to rise 2.04% during the next 3 months and, with a 90% probability hold a price between $329.63 and $356.69 at the end of this 3-month period.
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VUG Signals & Forecast
A buy signal was issued from a pivot bottom point on Friday, April 19, 2024, and so far it has risen 3.94%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The VANGUARD GROWTH 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 $339.26. On a fall, the ETF will find some support from the short-term average at $329.21. 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. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for VANGUARD GROWTH INDEX FUND SHARES ETF
VANGUARD GROWTH INDEX FUND SHARES finds support from accumulated volume at $335.14 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 $4.07 (1.23%) between high and low. For the last week, the ETF has had daily average volatility of 1.54%.
Our recommended stop-loss: $318.50 (-4.98%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 5 days ago.)
Trading Expectations (VUG) For The Upcoming Trading Day Of Monday 29th
For the upcoming trading day on Monday, 29th we expect VANGUARD GROWTH INDEX FUND ETF SHARES to open at $334.74, and during the day (based on 14 day Average True Range), to move between $329.67 and $340.69, which gives a possible trading interval of +/-$5.51 (+/-1.64%) up or down from last closing price. If VANGUARD GROWTH INDEX FUND ETF SHARES takes out the full calculated possible swing range there will be an estimated 3.29% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $335.14 (0.01%) than the resistance at $341.33 (1.83%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is VANGUARD GROWTH INDEX FUND ETF SHARES 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 GROWTH INDEX FUND SHARES ETF to perform well in the short-term.
Current score: 2.520 Buy Candidate Unchanged
Predicted Opening Price for VANGUARD GROWTH INDEX FUND ETF SHARES of Monday, April 29, 2024
Fair opening price April 29, 2024 | Current price |
---|---|
$334.74 ( 0.133%) | $335.18 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for VUG
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 338.81 | 1.08 % | |
R2 | 337.25 | 0.619 % | ||
R1 | 336.29 | 0.332 % | ||
Current price: | 335.18 | |||
Support | S1 | 333.18 | -0.597 % | |
S2 | 332.22 | -0.88 % | ||
S3 | 330.66 | -1.35 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 346.14 | 3.27 % | |
R2 | 342.78 | 2.27 % | ||
R1 | 341.33 | 1.83 % | ||
Current price | 335.18 | |||
Support | S1 | 335.14 | -0.0119% | |
S2 | 335.08 | -0.0298% | ||
S3 | 330.79 | -1.31% |
VUG Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Feb 29, 2024 | Mar 21, 2024 | Mar 26, 2024 | $0.468 | 0.136% |
2 | Dec 21, 2023 | Dec 21, 2023 | Dec 21, 2023 | $0.585 | 0.188% |
3 | Mar 17, 2023 | Sep 21, 2023 | Sep 26, 2023 | $0.376 | 0.139% |
4 | Mar 17, 2023 | Jun 23, 2023 | Jun 28, 2023 | $0.412 | 0.148% |
5 | Mar 17, 2023 | Mar 23, 2023 | Mar 28, 2023 | $0.429 | 0.180% |
FAQ
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