Vanguard Extended Market Index Fund ETF Forecast
Vanguard Extended Market Index Fund ETF price ended at $173.27 on Thursday, after losing 0.671%.
(Updated on May 16, 2024)
The Vanguard Extended Market Index Fund ETF price fell by -0.671% on the last day (Thursday, 16th May 2024) from $174.44 to $173.27. During the last trading day the ETF fluctuated 0.623% from a day low at $173.27 to a day high of $174.35. The price has risen in 6 of the last 10 days and is up by 3.67% over the past 2 weeks. Volume has increased on the last day by 2 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 197 thousand shares were bought and sold for approximately $34.05 million.
The ETFis at the upper part of a horizontal trend and normally this may pose a good selling opportunity but a break-up through the top trend line at $174.50 will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect Vanguard Extended Market Index Fund ETF with a 90% probability to be traded between $160.12 and $173.12 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. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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VXF Signals & Forecast
The Vanguard Extended Market 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 $171.78 and $168.67. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, May 15, 2024, and so far it has fallen -0.671%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the ETF should be followed more closely.
A sell signal from a double top formation was found on Wednesday, May 15, 2024 and based on theory for this formation the price should fall by -12.09% to $152.32 within 33 trading days since signal was issued (Friday, May 17, 2024).
Support, Risk & Stop-loss for Vanguard Extended Market Index Fund ETF
Vanguard Extended Market Index Fund finds support from accumulated volume at $171.21 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 $1.08 (0.623%) between high and low. For the last week, the ETF has had daily average volatility of 0.81%.
Our recommended stop-loss: $168.22 (-2.91%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 1 day ago.)
Trading Expectations (VXF) For The Upcoming Trading Day Of Friday 17th
For the upcoming trading day on Friday, 17th we expect Vanguard Extended Market Index Fund ETF Shares to open at $173.63, and during the day (based on 14 day Average True Range), to move between $171.05 and $175.49, which gives a possible trading interval of +/-$2.22 (+/-1.28%) up or down from last closing price. If Vanguard Extended Market Index Fund ETF Shares takes out the full calculated possible swing range there will be an estimated 2.57% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $173.72 (0.26%) than the support at $171.21 (1.19%), 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 Extended Market Index Fund ETF Shares ETF A Buy?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Vanguard Extended Market Index Fund ETF to perform well in the short-term period.
Current score: 1.831 Buy Candidate Unchanged
Predicted Opening Price for Vanguard Extended Market Index Fund ETF Shares of Friday, May 17, 2024
| Fair opening price May 17, 2024 | Current price |
|---|---|
| $173.63 ( 0.208%) | $173.27 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for VXF
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 174.71 | 0.83 % | |
| R2 | 174.30 | 0.593 % | ||
| R1 | 174.04 | 0.446 % | ||
| Current price: | 173.27 | |||
| Support | S1 | 173.22 | -0.0303 % | |
| S2 | 172.96 | -0.177 % | ||
| S3 | 172.55 | -0.416 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 175.27 | 1.15 % | |
| R2 | 174.91 | 0.95 % | ||
| R1 | 173.72 | 0.260 % | ||
| Current price | 173.27 | |||
| Support | S1 | 171.21 | -1.19% | |
| S2 | 170.88 | -1.38% | ||
| S3 | 167.13 | -3.54% |
VXF Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 22, 2024 | Mar 22, 2024 | Mar 27, 2024 | $0.461 | 0.264% |
| 2 | Dec 20, 2023 | Dec 20, 2023 | Dec 20, 2023 | $0.677 | 0.421% |
| 3 | Mar 17, 2023 | Sep 28, 2023 | Oct 03, 2023 | $0.473 | 0.341% |
| 4 | Mar 17, 2023 | Jun 29, 2023 | Jul 05, 2023 | $0.497 | 0.335% |
| 5 | Mar 17, 2023 | Mar 24, 2023 | Mar 29, 2023 | $0.434 | 0.317% |
FAQ
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