Today VANGUARD FTSE DEVELOPED AC EX US IDX ETF Stock Crashes. What To Expect?

 Today VANGUARD FTSE DEVELOPED AC EX US IDX ETF Stock Crashes. What To Expect?

The stock of VANGUARD FTSE DEVELOPED AC EX US IDX ETF (TSE:VDU) gapped down by $0.1 today and has $28.28 target or 6.00% below today’s $30.08 share price. The 7 months technical chart setup indicates high risk for the $276.03M company. The gap down was reported on Dec, 1 by Barchart.com. If the $28.28 price target is reached, the company will be worth $16.56 million 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 23,854 shares traded hands or 241.94% up from the average. VANGUARD FTSE DEVELOPED AC EX US IDX ETF (TSE:VDU) has risen 4.76% since April 29, 2016 and is uptrending. It has underperformed by 1.16% the S&P500.

More recent VANGUARD FTSE DEVELOPED AC EX US IDX ETF (TSE:VDU) news were published by: Investorplace.com which released: “What the Revamp of iShares ETFs Means for Investors” on July 07, 2015. Also Theglobeandmail.com published the news titled: “Building your TFSA? This is the simplest investment product of all time” on May 31, 2016. Theglobeandmail.com‘s news article titled: “How to invest like the Canada Pension Plan” with publication date: June 02, 2015 was also an interesting one.

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