Vanguard S&P 500 UCITS ETF Forecast
Green day on Friday for Vanguard S&P 500 UCITS
(Updated on May 10, 2024)
The Vanguard S&P 500 UCITS ETF price gained 0.771% on the last trading day (Friday, 10th May 2024), rising from £98.20 to £98.96. During the last trading day the ETF fluctuated 0.475% from a day low at £98.89 to a day high of £99.36. The price has risen in 6 of the last 10 days and is up by 4.18% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 35 thousand more shares were traded than the day before. In total, 35 thousand shares were bought and sold for approximately £3.46 million.
The ETF is moving within a horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Vanguard S&P 500 UCITS ETF with a 90% probability to be traded between £95.93 and £101.60 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and ETFS seldom manage to go directly from the bottom of a trend up to the top. ETFS turning up in the middle of a horizontal trend are therefore considered to be potential runners.
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VUSD.L Signals & Forecast
The Vanguard S&P 500 UCITS ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the ETF has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at £97.36 and £97.46. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, April 22, 2024, and so far it has risen 4.80%. 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
Vanguard S&P 500 UCITS finds support from accumulated volume at £98.16 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 £0.470 between high and low, or 0.475%. For the last week the ETF has had daily average volatility of 0.515%.
Our recommended stop-loss: £94.08 (-4.93%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 13 days ago.)
Trading Expectations (VUSD.L) For The Upcoming Trading Day Of Monday 13th
For the upcoming trading day on Monday, 13th we expect Vanguard S&P 500 UCITS ETF to open at £99.07, and during the day (based on 14 day Average True Range), to move between £97.87 and £100.05, which gives a possible trading interval of +/-£1.09 (+/-1.10%) 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 2.20% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at £98.97 (0.01%) than the support at £98.16 (0.81%), 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 UCITS ETF ETF A Buy?
Vanguard S&P 500 UCITS 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.
Current score: 0.000 Hold/Accumulate Unchanged
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 S&P 500 UCITS ETF of Monday, May 13, 2024
| Fair opening price May 13, 2024 | Current price |
|---|---|
| £99.07 ( 0.108%) | £98.96 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for VUSD.L
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 99.54 | 0.583 % | |
| R2 | 99.36 | 0.401 % | ||
| R1 | 99.25 | 0.289 % | ||
| Current price: | 98.96 | |||
| Support | S1 | 98.89 | -0.0736 % | |
| S2 | 98.78 | -0.186 % | ||
| S3 | 98.60 | -0.367 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 99.61 | 0.654 % | |
| R2 | 99.47 | 0.513 % | ||
| R1 | 98.97 | 0.0126 % | ||
| Current price | 98.96 | |||
| Support | S1 | 98.16 | -0.81% | |
| S2 | 97.59 | -1.38% | ||
| S3 | 97.16 | -1.82% |
VUSD Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 15, 2024 | Mar 15, 2024 | Mar 27, 2024 | £0.302 | 0.306% |
| 2 | Mar 14, 2024 | Mar 14, 2024 | Mar 27, 2024 | £0.302 | 0.306% |
| 3 | Dec 14, 2023 | Dec 14, 2023 | Dec 14, 2023 | £0.279 | 0.312% |
| 4 | Sep 14, 2023 | Sep 14, 2023 | Sep 14, 2023 | £0.268 | 0.314% |
| 5 | Jun 15, 2023 | Jun 15, 2023 | Jun 15, 2023 | £0.275 | 0.329% |
FAQ
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