VANGUARD FTSE EMERGING MKTS ALL CAP IDX’s Trend Down, Especially After Today’s Gap Down

 VANGUARD FTSE EMERGING MKTS ALL CAP IDX's Trend Down, Especially After Today's Gap Down

The stock of VANGUARD FTSE EMERGING MKTS ALL CAP IDX (TSE:VEE) gapped down by $0.28 today and has $25.36 target or 11.00% below today’s $28.49 share price. The 9 months technical chart setup indicates high risk for the $361.84M company. The gap down was reported on Nov, 11 by Barchart.com. If the $25.36 price target is reached, the company will be worth $39.80M 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 19,825 shares traded hands. VANGUARD FTSE EMERGING MKTS ALL CAP IDX (TSE:VEE) has risen 10.68% since April 7, 2016 and is uptrending. It has outperformed by 4.54% the S&P500.

More notable recent VANGUARD FTSE EMERGING MKTS ALL CAP IDX (TSE:VEE) news were published by: Prnewswire.com which released: “Vanguard Emerging Markets Stock Index Fund Transitions to New FTSE Index” on November 01, 2015, also Prnewswire.com with their article: “Four Vanguard International Equity Index Funds To Broaden Diversification With …” published on June 02, 2015, Etftrends.com published: “Control Your Emerging Market Exposure with Focused Index ETFs” on September 04, 2015. More interesting news about VANGUARD FTSE EMERGING MKTS ALL CAP IDX (TSE:VEE) were released by: Fool.com and their article: “Vanguard Index Fund List 2016” published on August 30, 2016 as well as Fool.com‘s news article titled: “The Vanguard Emerging Markets Fund: High Risk With Huge Potential” with publication date: September 07, 2016.

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