VNM Index Which direction will it go? 📈📉 Breakout or breakdoVNM Index Which direction will it go? 📈📉
Breakout or breakdown? ⏰🎯
A market with alot of potential we will keep tabs on...
Key stats
About VanEck Vietnam ETF
Expense ratio
0.70%
Home page
Inception date
Aug 14, 2009
VNM extends beyond firms domiciled in Vietnam to include non-local companies generating at least 50% of revenues in Vietnam. In doing so, VNM adds exposure to different sectors via companies in other regions. Component securities are selected and weighted by market cap, with a cap of 8% per issuer. Reviews are made quarterly. Overall, it's a broad take on the Vietnamese market for those seeking a pure-play fund. Prior to March 17, 2023, the fund tracked the MVIS Vietnam Index with a similar strategy.
Classification
What's in the fund
Exposure type
Finance
Consumer Non-Durables
Stock breakdown by region
VNM - Last 2 days of December & 1st day of JanuarySince launching in August 2009, in both absolute & relative terms, the VanEck Vietnam ETF (VNM) has displayed a positive seasonal tendency over the last 2 trading days of December & first trading day of January.
3-day average absolute return 3.27%, standard deviation 3.11%, absolute win rate 12 fr
VNM Vietnam etf: a classical AOTSAOTS, an acronym I borrowed meaning alignment of the stars.
All moving averages correctly stacked in proper sequence signaling a very bullish uptrend
Despite increasing c. cases.
From peak to trough in this weekly chart, VNM has completed an ABC down & started wave 1.
However,be careful as there wil
Vietnam - a long term playVNM is the closest ETF that one can get to its stock markets. About 50% of its components lies in real estate and financial institutions. Like all emerging markets, these are the sectors that drives the economy. Banks liberalised, lend more money out, developers borrowed cheaply, build projects to a
Still a hold, and likely a buyThis hasn't broken the trend line or breached the 20 sma. If it bounces off of the (take your pick) it would be a good indication that this will continue to go up as long as Vietnam continues to move into Chinese retail space. Use the trade war to your advantage :)
VNM: SALUTE TO WYCKOFFIANVIETNAMVNM poised for markup following period of accumulation using Wyrckoffian Logic?
Soon!The moving averages are telling us that the pattern breakout may be imminent (crossed fingers and toes) so keep an eyeball on this one folks.
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Displays a symbol's price movements over previous years to identify recurring trends.