Vanguard Morningstar Mega Cap Value ETF (MGV)

Vanguard Morningstar Mega Cap Value ETF is trading at $169.13, up 0.50% on the session. The 50 day average sits at $163.16 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 68.6, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $162.57 with resistance near $169.05, so that band frames the current range. Average daily movement is roughly $1.34, or about 0.8% of the share price, which is what any stop placement has to allow for. The overall health score of 73 out of 100 combines a trend score of 72, momentum of 79 and a risk score of 68.

The fund employs an indexing investment approach designed to track the performance of the index. The index is a float-adjusted, market-capitalization-weighted index designed to measure equity market performance of mega-capitalization value stocks in the United States. The Advisor attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.