VANGUARD FTSE EMERGING MKTS ALL CAP IDX Gap Down Today Means Higher Risks Forward

 VANGUARD FTSE EMERGING MKTS ALL CAP IDX Gap Down Today Means Higher Risks Forward

The stock of VANGUARD FTSE EMERGING MKTS ALL CAP IDX (TSE:VEE) gapped down by $0.03 today and has $24.55 target or 14.00% below today’s $28.55 share price. The 7 months technical chart setup indicates high risk for the $359.23M company. The gap down was reported on Nov, 16 by Barchart.com. If the $24.55 price target is reached, the company will be worth $50.29M 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 27,088 shares traded hands or 30.53% up from the average. VANGUARD FTSE EMERGING MKTS ALL CAP IDX (TSE:VEE) has risen 8.04% since April 12, 2016 and is uptrending. It has outperformed by 3.35% the S&P500.

More important 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 published article titled: “Four Vanguard International Equity Index Funds To Broaden Diversification With …”, Zacks.com published: “Emerging Market ETFs Dip after Trump Win, Time to Buy?” on November 14, 2016. More interesting news about VANGUARD FTSE EMERGING MKTS ALL CAP IDX (TSE:VEE) was released by: Etftrends.com and their article: “Control Your Emerging Market Exposure with Focused Index ETFs” with publication date: September 04, 2015.

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