VANGUARD GROWTH INDEX FUND SHARES ETF Forecast
VANGUARD GROWTH INDEX FUND SHARES ETF price down 2.23% on Friday
(Updated on Apr 19, 2024)
The VANGUARD GROWTH INDEX FUND SHARES ETF price fell by -2.23% on the last day (Friday, 19th Apr 2024) from $329.82 to $322.46. It has now fallen 3 days in a row. During the last trading day the ETF fluctuated 2.46% from a day low at $321.29 to a day high of $329.19. The price has fallen in 6 of the last 10 days and is down by -5.93% for this period. Volume has increased on the last day by 230 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, 1 million shares were bought and sold for approximately $410.00 million.
Given the current short-term trend, the ETF is expected to rise 4.94% during the next 3 months and, with a 90% probability hold a price between $338.38 and $369.61 at the end of this 3-month period.
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VUG Signals & Forecast
There are few to no technical positive signals at the moment. The VANGUARD GROWTH INDEX FUND SHARES 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 $334.53 and $340.71. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, March 20, 2024, and so far it has fallen -6.97%. Further fall is indicated until a new bottom pivot has been found. 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.
Support, Risk & Stop-loss for VANGUARD GROWTH INDEX FUND SHARES ETF
VANGUARD GROWTH INDEX FUND SHARES finds support from accumulated volume at $321.49 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 $7.90 between high and low, or 2.46%. For the last week the ETF has had daily average volatility of 1.86%.
Our recommended stop-loss: $310.72 (-3.64%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 21 days ago.)
Trading Expectations (VUG) For The Upcoming Trading Day Of Monday 22nd
For the upcoming trading day on Monday, 22nd we expect VANGUARD GROWTH INDEX FUND ETF SHARES to open at $324.31, and during the day (based on 14 day Average True Range), to move between $317.38 and $327.54, which gives a possible trading interval of +/-$5.08 (+/-1.58%) 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 3.15% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $321.49 (0.30%) than the resistance at $330.79 (2.58%), 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?
VANGUARD GROWTH INDEX FUND SHARES holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: -0.634 Hold/Accumulate Unchanged
Predicted Opening Price for VANGUARD GROWTH INDEX FUND ETF SHARES of Monday, April 22, 2024
Fair opening price April 22, 2024 | Current price |
---|---|
$324.31 ( 0.575%) | $322.46 |
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 | 332.21 | 3.02 % | |
R2 | 329.19 | 2.09 % | ||
R1 | 327.33 | 1.51 % | ||
Current price: | 322.46 | |||
Support | S1 | 321.30 | -0.361 % | |
S2 | 319.43 | -0.94 % | ||
S3 | 316.42 | -1.87 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 341.33 | 5.85 % | |
R2 | 335.08 | 3.91 % | ||
R1 | 330.79 | 2.58 % | ||
Current price | 322.46 | |||
Support | S1 | 321.49 | -0.301% | |
S2 | 320.49 | -0.611% | ||
S3 | 317.59 | -1.51% |
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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