The stock of VANGUARD FUNDS PLC VANGUARD FTSE EMERGING MARKETS UCITS ETF (LON:VDEM) gapped up by GBX 0.06 today and has GBX 51.51 target or 7.00% above today’s GBX 48.14 share price. The 7 months technical chart setup indicates low risk for the GBX company. The gap was reported on Nov, 28 by Barchart.com. If the GBX 51.51 price target is reached, the company will be worth GBX 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%. The ETF increased 0.69% or GBX 0.33 on November 28, hitting GBX 48.14. About 20,322 shares traded hands. VANGUARD FUNDS PLC VANGUARD FTSE EMERGING MARKETS UCITS ETF (LON:VDEM) has risen 6.00% since October 29, 2016 and is uptrending. It has underperformed by 0.01% the S&P500.
Another recent and important VANGUARD FUNDS PLC VANGUARD FTSE EMERGING MARKETS UCITS ETF (LON:VDEM) news was published by Etftrends.com which published an article titled: “China ETFs Tracking FTSE Indices Top $20B in AUM” on August 15, 2014.
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