After Forming Ascending Triangle Pattern, Is Vanguard Global ex-US Real Est ETF (VNQI)’s Near-Term Analysis Negative?

December 8, 2017 - By Henry Gaston

The stock of Vanguard Global ex-US Real Est ETF (VNQI) formed an ascending triangle with $55.39 target or 8.00 % below today’s $60.21 share price. The 7 months triangle pattern indicates high risk for the $6.13 billion company. If the $55.39 price target is reached, the company will be worth $490.40 million less.
The ascending triangle is a questionable performer despite its reputation as a reliable chart pattern. The ascending triangle has break even failure rate for up and down breakouts of 13% and 11%, respectively. The average rise and decline is 35% and 19%. The throwback or so called pullback rates are: 57% and 49%. The stocks meeting their targets is high for this type of breakout: 75% and 68% percent.

The ETF increased 0.05% or $0.03 during the last trading session, reaching $60.21. About 562,520 shares traded or 65.22% up from the average. Vanguard Global ex-US Real Est ETF (NASDAQ:VNQI) has risen 5.40% since December 8, 2016 and is uptrending. It has underperformed by 11.30% the S&P500.

More important recent Vanguard Global ex-US Real Est ETF (NASDAQ:VNQI) news were published by: which released: “3 top international ETFs” on July 06, 2017, also published article titled: “Vanguard Appoints New Portfolio Managers to Flagship Index Funds”, published: “Using Jack Bogle’s own words against him when it comes to international investing” on October 18, 2017. More interesting news about Vanguard Global ex-US Real Est ETF (NASDAQ:VNQI) was released by: and their article: “Vanguard’s Risk Speedometer: Asset Allocators Gaining Influence?” with publication date: December 06, 2017.

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