What's vpu gonna do today

Vanguard Utilities ETF (VPU) is expected to exhibit a bullish trend today. Here's a detailed analysis to support this prediction:

1. Historical Performance: Over the past 20 years, VPU has historically risen by an average of 6.4% over the next 52 weeks. This indicates a positive long-term outlook.
2. Technical Indicators: The ETF's current trend is considered strongly bullish as the share price is above its 5, 20, & 50-day exponential moving averages. Additionally, VPU has risen higher in 16 of the past 20 years over the subsequent 52-week period, corresponding to an 80% historical accuracy.
3. Recent Momentum: VPU's price has risen in 7 of the last 10 days, and it has increased by 2.84% over the past 2 weeks. This recent momentum suggests a positive short-term trend.
4. Volume and Price Movement: The volume has increased along with the price, which is a positive technical sign. The ETF lies in the middle of a weak rising trend in the short term, and a further rise within this trend is signaled.
5. Market Sentiment: The ETF holds buy signals from both short- and long-term moving averages, indicating a positive forecast. There is also a general buy signal from the relation between the two signals, where the short-term average is above the long-term average.
6. Support and Resistance Levels: VPU finds support from accumulated volume at $161.08, which may hold a buying opportunity. The current price is above this support level, further indicating a bullish outlook.
7. Implied Volatility: Vanguard Utilities' implied volatility is 15.96%, which suggests that the market thinks the stock has potential for high price swings in either direction. This could imply a bullish sentiment if the price is trending upwards.

In conclusion, the combination of historical performance, positive technical indicators, recent momentum, and favorable market sentiment suggests that VPU is likely to continue its bullish trend today.