Vanguard FTSE Developed Asia Pacific Index ETF’s Stock Is Sell After Today’s Gap Down

 Vanguard FTSE Developed Asia Pacific Index ETF's Stock Is Sell After Today's Gap Down

The stock of Vanguard FTSE Developed Asia Pacific Index ETF (TSE:VA) gapped down by $0.01 today and has $26.28 target or 12.00% below today’s $29.86 share price. The 6 months technical chart setup indicates high risk for the $45.45M company. The gap down was reported on Nov, 11 by Barchart.com. If the $26.28 price target is reached, the company will be worth $5.45M less.
Gaps down are helpful for identifying a resistance level and to could also be used as a tradeable event. If traders are short the stock and it experiece gap down, then its usually advisable to hold the short for a bigger down move. Back-tests of such patterns show that two-thirds of the these patterns the stock performance worsens after the gap. The area gaps close 91% of the time, the breakaway gaps 1%, the continuation gaps 9% and the exhaustion gaps 64%. About 13,550 shares traded hands or 185.26% up from the average. Vanguard FTSE Developed Asia Pacific Index ETF (TSE:VA) has risen 13.60% since April 7, 2016 and is uptrending. It has outperformed by 7.46% the S&P500.

More notable recent Vanguard FTSE Developed Asia Pacific Index ETF (TSE:VA) news were published by: Marketwatch.com which released: “Vanguard introduces two low cost currency hedged ETFs” on October 11, 2016, also Marketwatch.com with their article: “Vanguard announces cash distributions for the Vanguard ETFs (VAB, VSB, VSC …” published on September 06, 2016, Seekingalpha.com published: “Vanguard FTSE Pacific ETF Is Mostly Japanese Stocks, But It Looks Compelling (VPL)” on January 30, 2015. More interesting news about Vanguard FTSE Developed Asia Pacific Index ETF (TSE:VA) were released by: Prnewswire.com and their article: “Four Vanguard International Equity Index Funds To Broaden Diversification With …” published on June 02, 2015 as well as Forbes.com‘s news article titled: “Vanguard and FTSE Announce their Engagement” with publication date: October 08, 2012.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Tags:

Related posts

Leave a Comment