The stock of VANGUARD FUNDS PLC VANGUARD FTSE EMERGING MARKETS UCITS ETF (LON:VDEM) gapped up by GBX 0.55 today and has GBX 106.30 target or 109.00% above today’s GBX 50.86 share price. The 7 months technical chart setup indicates low risk for the GBX company. The gap was reported on Nov, 8 by Barchart.com. If the GBX 106.30 price target is reached, the company will be worth GBX 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%. The ETF increased 1.09% or GBX 0.55 on November 8, hitting GBX 50.86. About 62,641 shares traded hands. VANGUARD FUNDS PLC VANGUARD FTSE EMERGING MARKETS UCITS ETF (LON:VDEM) has risen 6.00% since October 9, 2016 and is uptrending. It has outperformed by 4.04% the S&P500.
Another recent and important VANGUARD FUNDS PLC VANGUARD FTSE EMERGING MARKETS UCITS ETF (LON:VDEM) news was published by Etftrends.com which published an article titled: “China ETFs Tracking FTSE Indices Top $20B in AUM” on August 15, 2014.
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