Vanguard Global ex-U.S. Real Estate ETF Forecast
Red day on Wednesday for Vanguard Global ex-U.S. Real Estate ETF after losing 0.98%
(Updated on Apr 24, 2024)
The Vanguard Global ex-U.S. Real Estate ETF price fell by -0.98% on the last day (Wednesday, 24th Apr 2024) from $40.73 to $40.33. During the last trading day the ETF fluctuated 0.81% from a day low at $40.15 to a day high of $40.48. The price has been going up and down for this period, and there has been a -1.47% loss for the last 2 weeks. Volume has increased on the last day by 39 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, 232 thousand shares were bought and sold for approximately $9.37 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 Global ex-U.S. Real Estate ETF with a 90% probability to be traded between $40.40 and $42.94 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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VNQI Signals & Forecast
There are mixed signals in the ETF today. The Vanguard Global ex-U.S. Real Estate 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 $41.07. On a fall, the ETF will find some support from the short-term average at $40.09. 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). Volume rose on falling prices yesterday. This may be an early warning and the ETF should be followed more closely. A buy signal was issued from a pivot bottom point on Tuesday, April 16, 2024, and so far it has risen 1.46%. Further rise is indicated until a new top pivot has been found.
Support, Risk & Stop-loss for Vanguard Global ex-U.S. Real Estate ETF
Vanguard Global ex-U.S. Real Estate finds support from accumulated volume at $40.23 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 $0.326 (0.81%) between high and low. For the last week, the ETF has had daily average volatility of 0.86%.
Our recommended stop-loss: $38.40 (-4.79%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 6 days ago.)
Trading Expectations (VNQI) For The Upcoming Trading Day Of Thursday 25th
For the upcoming trading day on Thursday, 25th we expect Vanguard Global ex-U.S. Real Estate ETF to open at $40.32, and during the day (based on 14 day Average True Range), to move between $39.86 and $40.80, which gives a possible trading interval of +/-$0.467 (+/-1.16%) up or down from last closing price. If Vanguard Global ex-U.S. Real Estate ETF takes out the full calculated possible swing range there will be an estimated 2.31% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $40.23 (0.25%) than the resistance at $40.45 (0.30%), 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 Global ex-U.S. Real Estate ETF ETF A Buy?
Vanguard Global ex-U.S. Real Estate 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: -0.357 Hold/Accumulate Unchanged
Predicted Opening Price for Vanguard Global ex-U.S. Real Estate ETF of Thursday, April 25, 2024
| Fair opening price April 25, 2024 | Current price |
|---|---|
| $40.32 ( 0.0284%) | $40.33 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for VNQI
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 40.64 | 0.779 % | |
| R2 | 40.52 | 0.471 % | ||
| R1 | 40.44 | 0.280 % | ||
| Current price: | 40.33 | |||
| Support | S1 | 40.19 | -0.337 % | |
| S2 | 40.12 | -0.527 % | ||
| S3 | 39.99 | -0.84 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 40.60 | 0.669 % | |
| R2 | 40.51 | 0.446 % | ||
| R1 | 40.45 | 0.298 % | ||
| Current price | 40.33 | |||
| Support | S1 | 40.23 | -0.248% | |
| S2 | 39.81 | -1.29% | ||
| S3 | 39.39 | -2.33% |
VNQI Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 14, 2023 | Dec 18, 2023 | Dec 21, 2023 | $0.235 | 0.564% |
| 2 | Dec 15, 2022 | Dec 19, 2022 | Dec 22, 2022 | $0.235 | 0.573% |
| 3 | Dec 17, 2021 | Dec 21, 2021 | Dec 27, 2021 | $2.90 | 5.40% |
| 4 | Sep 23, 2021 | Sep 24, 2021 | Sep 29, 2021 | $0.601 | 1.07% |
| 5 | Dec 18, 2020 | Dec 21, 2020 | Dec 24, 2020 | $0.505 | 0.94% |
FAQ
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