VANGUARD INTERNATIONAL HIGH DIVIDEND ETF Forecast

VANGUARD INTERNATIONAL HIGH DIVIDEND ETF downgraded to Hold/Accumulate
(Updated on Apr 19, 2024)

VYMI Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, April 16, 2024, and so far it has risen 1.04%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The ETF should be watched closely. 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 $66.96 and $68.13. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

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 $0.504 between high and low, or 0.759%. For the last week the ETF has had daily average volatility of 0.93%.

Our recommended stop-loss: $63.21 (-5.45%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 3 days ago.)

Trading Expectations (VYMI) For The Upcoming Trading Day Of Monday 22nd

For the upcoming trading day on Monday, 22nd we expect VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD INDEX FUND ETF SHARES to open at $66.74, and during the day (based on 14 day Average True Range), to move between $66.21 and $67.49, which gives a possible trading interval of +/-$0.640 (+/-0.96%) 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 1.92% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $66.76 (0.13%) than the resistance at $68.36 (2.26%), 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 INTERNATIONAL HIGH DIVIDEND YIELD INDEX FUND ETF SHARES ETF A Buy?

VANGUARD INTERNATIONAL HIGH DIVIDEND 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Buy to a Hold/Accumulate candidate.

Current score: 0.538 Hold/Accumulate Downgraded

Predicted Opening Price for VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD INDEX FUND ETF SHARES of Monday, April 22, 2024

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