Reverse Head & Shoulders on Industrials ETF, Target at 208Chart Pattern/Trend Analysis
The main view of this trade idea is on the Daily Chart.
The Vanguard Industrials ETF appears to be in a Reverse or Inverted Head & Shoulders chart pattern setup which began developing over the last couple of months. The Left Shoulder is observed around the 182.30 low
Key stats
About VANGUARD WORLD FUND VANGUARD INDUSTRIALS ETF
Home page
Inception date
Sep 23, 2004
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
The Vanguard Group, Inc.
Distributor
Vanguard Marketing Corp.
The fund provides broad, pure-play exposure to industrials companies with an all-cap exposure that reach all the way down to micro-caps. The portfolio is highly representative of its sector. The underlying index uses the GICS classification to include companies that manufacture and distribute capital goods and companies that offer construction and engineering services. Certain investment limits are applied for RICs to help ensure diversification. Holdings, which are market-cap-weighted, have no more than 25% of the value to a single issuer and the sum of the weights of all issuers with more than 5% cannot exceed 50% of total assets. The index is rebalanced quarterly.
Classification
What's in the fund
Exposure type
Producer Manufacturing
Electronic Technology
Transportation
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.