The stock of VANGUARD FUNDS PLC VANGUARD FTSE JAPAN UCITS ETF (LON:VJPN) gapped up by GBX 0.01 today and has GBX 22.13 target or 5.00% above today’s GBX 21.08 share price. The 8 months technical chart setup indicates low risk for the GBX company. The gap was reported on Nov, 29 by Barchart.com. If the GBX 22.13 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 decreased 0.24% or GBX 0.05 on November 29, hitting GBX 21.08. About 41,083 shares traded hands or 17.72% up from the average. VANGUARD FUNDS PLC VANGUARD FTSE JAPAN UCITS ETF (LON:VJPN) has risen 18.72% since April 21, 2016 and is uptrending. It has outperformed by 13.46% the S&P500.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.