RBC QUANT US DIV LEADERS ETF’s Stock Is Buy After Today’s Gap Up

 RBC QUANT US DIV LEADERS ETF's Stock Is Buy After Today's Gap Up

The stock of RBC QUANT US DIV LEADERS ETF (TSE:RUD) gapped up by $0.1 today and has $77.35 target or 166.00% above today’s $29.08 share price. The 6 months technical chart setup indicates low risk for the $284.47 million company. The gap was reported on Nov, 14 by Barchart.com. If the $77.35 price target is reached, the company will be worth $472.22 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 111,986 shares traded hands or 1788.47% up from the average. RBC QUANT US DIV LEADERS ETF (TSE:RUD) has risen 11.76% since April 12, 2016 and is uptrending. It has outperformed by 6.78% the S&P500.

More notable recent RBC QUANT US DIV LEADERS ETF (TSE:RUD) news were published by: Business.Financialpost.com which released: “How to find the top US dividend funds” on August 22, 2014, also Theglobeandmail.com with their article: “Dividend investors: You now have five new ETFs to choose from” published on October 22, 2014, Business.Financialpost.com published: “RBC launches first EAFE dividend ETF in Canada” on January 15, 2014. More interesting news about RBC QUANT US DIV LEADERS ETF (TSE:RUD) were released by: Theglobeandmail.com and their article: “New ETF will give Canadians exposure to dividends in US tech sector” published on February 24, 2015 as well as Theglobeandmail.com‘s news article titled: “Eye on Shorts: What bearish investors are betting against” with publication date: March 23, 2016.

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