VANGUARD INTERNATIONAL HIGH DIVIDEND ETF Forecast

VANGUARD INTERNATIONAL HIGH DIVIDEND ETF downgraded to Sell Candidate
(Updated on May 01, 2024)

VYMI Signals & Forecast

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. The VANGUARD INTERNATIONAL HIGH DIVIDEND ETF holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $68.00 and $68.08. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, April 29, 2024, and so far it has fallen -1.35%. 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.

Support, Risk & Stop-loss for VANGUARD INTERNATIONAL HIGH DIVIDEND ETF

VANGUARD INTERNATIONAL HIGH DIVIDEND finds support from accumulated volume at $66.76 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 $0.83 between high and low, or 1.23%. For the last week the ETF has had daily average volatility of 0.89%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (VYMI) For The Upcoming Trading Day Of Thursday 2nd

For the upcoming trading day on Thursday, 2nd we expect VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD INDEX FUND ETF SHARES to open at $67.93, and during the day (based on 14 day Average True Range), to move between $67.08 and $68.40, which gives a possible trading interval of +/-$0.663 (+/-0.98%) up or down from last closing price. If VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD INDEX FUND ETF SHARES takes out the full calculated possible swing range there will be an estimated 1.96% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $68.36 (0.92%) than the support at $66.76 (1.45%), 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 INTERNATIONAL HIGH DIVIDEND YIELD INDEX FUND ETF SHARES ETF A Buy?

The VANGUARD INTERNATIONAL HIGH DIVIDEND ETF holds several negative signals and despite the positive trend, we believe VANGUARD INTERNATIONAL HIGH DIVIDEND will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this ETF. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Hold/Accumulate to a Sell candidate.

Current score: -2.143 Sell Candidate Downgraded

Predicted Opening Price for VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD INDEX FUND ETF SHARES of Thursday, May 2, 2024

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