Time to Reconsider VANGUARD FUNDS PLC VANGUARD S&P 500 UCITS ETF After Reaching 52-Week High?

 Time to Reconsider VANGUARD FUNDS PLC VANGUARD S&P 500 UCITS ETF After Reaching 52 Week High?

The stock of VANGUARD FUNDS PLC VANGUARD S&P 500 UCITS ETF (LON:VUSA) hit a new 52-week high and has GBX 35.44 target or 5.00% above today’s GBX 33.75 share price. The 8 months bullish chart indicates low risk for the GBX company. The 1-year high was reported on Nov, 24 by Barchart.com. If the GBX 35.44 price target is reached, the company will be worth GBX more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. The ETF increased 0.25% or GBX 0.08 on November 24, hitting GBX 33.75. About 89,975 shares traded hands. VANGUARD FUNDS PLC VANGUARD S&P 500 UCITS ETF (LON:VUSA) has risen 21.44% since April 19, 2016 and is uptrending. It has outperformed by 16.03% the S&P500.

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