What’s in VANGUARD FTSE DEV EUROPE ETF CAD HDG After Today’s Gap Down?

 What's in VANGUARD FTSE DEV EUROPE ETF CAD HDG After Today's Gap Down?

The stock of VANGUARD FTSE DEV EUROPE ETF CAD HDG (TSE:VEH) gapped down by $0.27 today and has $22.71 target or 8.00% below today’s $24.68 share price. The 6 months technical chart setup indicates high risk for the $1.87M company. The gap down was reported on Nov, 29 by Barchart.com. If the $22.71 price target is reached, the company will be worth $149,600 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 15,200 shares traded hands or 1570.33% up from the average. VANGUARD FTSE DEV EUROPE ETF CAD HDG (TSE:VEH) has risen 6.00% since October 30, 2016 and is uptrending. It has outperformed by 0.74% the S&P500.

Another recent and important VANGUARD FTSE DEV EUROPE ETF CAD HDG (TSE:VEH) news was published by Etfdailynews.com which published an article titled: “A Closer Look Inside Vanguard Canada’s New ETFs” on August 16, 2013.

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