(VCN) Vanguard FTSE Canada All - Ratings and Ratios

The Vanguard FTSE Canada All Cap Index ETF is designed to mirror the performance of the FTSE Canada All Cap Domestic Index, providing broad exposure to the Canadian equity market across large-, mid-, and small-cap stocks. This ETF is a diversified investment vehicle that allows investors to tap into the overall Canadian market, covering a wide range of publicly traded securities.

By tracking the FTSE Canada All Cap Domestic Index, the Vanguard ETF offers a comprehensive representation of the Canadian equity landscape, including stocks from various sectors such as finance, energy, and technology. The ETFs holdings are likely to include well-established companies like Royal Bank of Canada, Toronto-Dominion Bank, and Enbridge, as well as smaller-cap stocks that contribute to the overall growth potential of the Canadian market.

Analyzing the ETFs , we observe that the current price is $54.00, slightly above its 20-day simple moving average (SMA) of $53.30, indicating a positive short-term trend. The 50-day SMA and 200-day SMA are $51.29 and $50.25, respectively, suggesting a longer-term uptrend. The average true range (ATR) is $0.42, equivalent to 0.78% of the current price, indicating moderate volatility. Given the current price is near its 52-week high of $54.21, we can expect some resistance at this level. However, if the ETF breaks through this resistance, it may continue its upward momentum.

Using both and , we can forecast the ETFs future performance. With an AUM of $8.71 billion CAD, the Vanguard FTSE Canada All Cap Index ETF is a sizable and liquid investment vehicle. Considering the current technical trends and the ETFs diversified holdings, we can expect the ETF to continue its upward trajectory in the near term, potentially reaching $55.50 in the next few weeks. However, investors should be cautious of potential market volatility and adjust their strategies accordingly.

Its worth noting that the ETFs performance is closely tied to the overall Canadian economy and equity market. As such, investors should monitor economic indicators, interest rate changes, and market trends to make informed decisions about their investments in this ETF.