Does VANGUARD US DIV APPR IDX ETF Have Any Gas After Today’s Gap Up?

 Does VANGUARD US DIV APPR IDX ETF Have Any Gas After Today's Gap Up?

The stock of VANGUARD US DIV APPR IDX ETF (TSE:VGG) gapped up by $0.05 today and has $93.15 target or 141.00% above today’s $38.65 share price. The 7 months technical chart setup indicates low risk for the $259.01M company. The gap was reported on Nov, 14 by Barchart.com. If the $93.15 price target is reached, the company will be worth $365.20 million 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 89,525 shares traded hands or 1743.22% up from the average. VANGUARD US DIV APPR IDX ETF (TSE:VGG) has risen 9.26% since April 12, 2016 and is uptrending. It has outperformed by 4.27% the S&P500.

More recent VANGUARD US DIV APPR IDX ETF (TSE:VGG) news were published by: Seekingalpha.com which released: “Va-Va VIG? Not So Much” on September 29, 2016. Also Seekingalpha.com published the news titled: “Why You Should Put Your Money In The Vanguard Dividend Appreciation ETF” on April 15, 2013. Investorplace.com‘s news article titled: “Protect Yourself From a Lopsided 401(k)” with publication date: November 07, 2012 was also an interesting one.

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