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.
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.