Can VANGUARD SP 500 INDEX ETF CAD HEDGED’s Tomorrow be Different? The Stock Just Gapped Up

 Can VANGUARD SP 500 INDEX ETF CAD HEDGED's Tomorrow be Different? The Stock Just Gapped Up

The stock of VANGUARD SP 500 INDEX ETF CAD HEDGED (TSE:VSP) gapped up by $0.28 today and has $96.38 target or 156.00% above today’s $37.65 share price. The 9 months technical chart setup indicates low risk for the $355.05M company. The gap was reported on Nov, 7 by Barchart.com. If the $96.38 price target is reached, the company will be worth $553.88M 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 13,928 shares traded hands or 50.38% up from the average. VANGUARD SP 500 INDEX ETF CAD HEDGED (TSE:VSP) has risen 1.09% since April 1, 2016 and is uptrending. It has underperformed by 0.87% the S&P500.

More notable recent VANGUARD SP 500 INDEX ETF CAD HEDGED (TSE:VSP) news were published by: Business.Financialpost.com which released: “How Warren Buffett — arguably the world’s greatest stock picker — caused a …” on August 21, 2014, also Marketwatch.com with their article: “Vanguard announces cash distributions for the Vanguard ETFs (VAB, VSB, VSC …” published on September 06, 2016, Fool.ca published: “3 Reasons Why Now Is the Time to Own the S&P 500” on November 07, 2016. More interesting news about VANGUARD SP 500 INDEX ETF CAD HEDGED (TSE:VSP) were released by: Theglobeandmail.com and their article: “US ETFs: Top picks for Canadian investors” published on December 08, 2012 as well as Marketwatch.com‘s news article titled: “Vanguard Announces Cash Distributions For The Vanguard ETFs (VFV, VSP, VGG And …” with publication date: March 14, 2016.

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