Bullish Gap Up for VANGUARD CDN AGGREGATE BOND INDEX ETF After Better Fundamentals

 Bullish Gap Up for VANGUARD CDN AGGREGATE BOND INDEX ETF After Better Fundamentals

The stock of VANGUARD CDN AGGREGATE BOND INDEX ETF (TSE:VAB) gapped up by $0.01 today and has $36.13 target or 38.00% above today’s $26.18 share price. The 6 months technical chart setup indicates low risk for the $1.09B company. The gap was reported on Oct, 31 by Barchart.com. If the $36.13 price target is reached, the company will be worth $414.20M more.
Gaps up are useful for using as a support level and to some extent as a tradeable event. If investors already hold the stock and experience a price gap up, then its usually a good idea to hold the stock for a stronger up move. Back-tests of these patterns indicate that two-thirds of the times the stock performance improves after the gap. The area gaps close 89% of the time, the breakaway gaps, 2%, the continuation gaps 4% and the exhaustion gaps 61%. About 32,386 shares traded hands. VANGUARD CDN AGGREGATE BOND INDEX ETF (TSE:VAB) has risen 1.01% since March 24, 2016 and is uptrending. It has underperformed by 2.47% the S&P500.

More notable recent VANGUARD CDN AGGREGATE BOND INDEX ETF (TSE:VAB) news were published by: Etfdailynews.com which released: “Understanding ECN Fees [VANGUARD CDN AGGREGATE BOND INDEX ETF(TSE:VAB)]” on December 24, 2014, also Business.Financialpost.com with their article: “A portfolio for paupers: Investing when you’re short on time and money” published on August 08, 2014, Theglobeandmail.com published: “How to assess five new Vanguard ETFs” on August 13, 2013. More interesting news about VANGUARD CDN AGGREGATE BOND INDEX ETF (TSE:VAB) were released by: Marketwatch.com and their article: “Vanguard announces cash distributions for the Vanguard ETFs (VAB, VSB, VSC …” published on September 06, 2016 as well as Theglobeandmail.com‘s news article titled: “Mathematician opts for stability with diversified ETF portfolio” with publication date: July 22, 2016.

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