Vanguard FTSE All-World Ex Canada Index ETF on Focus After Gap Down In Today’s Session

 Vanguard FTSE All World Ex Canada Index ETF on Focus After Gap Down In Today's Session

The stock of Vanguard FTSE All-World Ex Canada Index ETF (TSE:VXC) gapped down by $0.05 today and has $27.66 target or 9.00% below today’s $30.40 share price. The 9 months technical chart setup indicates high risk for the $490.98 million company. The gap down was reported on Dec, 1 by Barchart.com. If the $27.66 price target is reached, the company will be worth $44.19M 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 23,212 shares traded hands or 2.04% up from the average. Vanguard FTSE All-World Ex Canada Index ETF (TSE:VXC) has risen 11.09% since April 29, 2016 and is uptrending. It has outperformed by 5.16% the S&P500.

More important recent Vanguard FTSE All-World Ex Canada Index ETF (TSE:VXC) news were published by: Theglobeandmail.com which released: “Three top ETF picks from BBSL’s John DeGoey” on November 06, 2014, also Theglobeandmail.com published article titled: “Vanguard adds Chinese equities to its emerging markets ETF”, Fool.ca published: “How to Overweight Your Portfolio for an Oil Comeback (and Avoid Gambler’s Ruin)” on March 05, 2015. More interesting news about Vanguard FTSE All-World Ex Canada Index ETF (TSE:VXC) was released by: Theglobeandmail.com and their article: “Three top picks from BBSL’s John DeGoey” with publication date: August 17, 2015.

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