Is it a good time to buy vxus

VXUS is not a good buy at this time. Here's why:

1. Recent Performance: VXUS has experienced a decline, with the price falling in 6 of the last 10 days, indicating a bearish trend.
2. Technical Indicators: The ETF's share price is below its 5, 20, and 50-day exponential moving averages, suggesting a strongly bearish trend.
3. Market Sentiment: The current trend is considered strongly bearish, and VXUS is experiencing slight selling pressure.
4. Historical Performance: Over the next 52 weeks, VXUS has on average historically risen by 2.3%, but this historical accuracy is only 53.85%.
5. Analyst Ratings: The average price target for VTI, which is similar to VXUS, is $308.28, with a high indicating a potential for growth. However, this does not directly reflect the current question about VXUS.
6. Market Trends: The overall market trends and sentiment can influence the performance of VXUS. For instance, the S&P 500 saw a 1.58% increase on July 31, 2024, which could indicate a positive environment for VXUS.

In conclusion, while VXUS has potential based on historical averages, the current bearish trend and recent performance indicators suggest caution. It is not a good time to buy VXUS, and potential investors should consider the risks and market conditions before making a purchase.