HomeMost PopularUnveiling the Vanguard: Active ETFs Forecast Buy Signals in 2024

Unveiling the Vanguard: Active ETFs Forecast Buy Signals in 2024

Actionable Trade Ideas

always free

The Rise of Tech Analysis for ETF Selection

As we stand on the threshold of a burgeoning era in the realm of Exchange-Traded Funds (ETFs), with an ardent eye on Active ETFs, the year 2023 undeniably marked a winning streak. Now, as the preliminary steps of 2024 unfold, the conundrum of cherry-picking from a plethora of strategies looms large. Amidst this unfolding scenario, the beacon of tech analysis shines brightly, providing a formidable heuristic for evaluating potential ETFs on the horizon.

Indeed, the concept of tech analysis, entailing a comparison of an ETF’s price against its simple moving averages (SMA), is emerging as a pivotal yardstick for investors seeking actionable insights. The tell-tale sign of an ETF’s price surging above either its 50- or 200-day SMAs signifies a notable buy signal, indicative of a burgeoning momentum that beckons the discerning investor.

Introducing TDVG: A Beacon of Dividends and Growth

In this glittering landscape, one ETF stands out conspicuously – TDVG. Commanding a price of $36.93 per YCharts as of February 27, this active ETF proudly towers above its SMAs, signaling a robust buy potential. Boasting a multifaceted approach that delves into the realms of dividend yields, and various balance sheet and growth attributes, TDVG beckons investors seeking more than the conventional index-tracking funds.

TEQI: Blending Activism with Income Generation

For those inclined towards income augmentation, the spotlight shifts to TEQI. Priced at $37.69 as of February 27, this ETF emerges as a prime candidate among those flashing buy signals, with its price elegantly eclipsing its SMAs. Embracing a global outlook, TEQI seeks out undervalued large-cap firms, as indicated by metrics like P/E ratios, in a bid to generate a stream of dividend income.

TGRW: Nurturing Growth in the ETF Space

Finally, in the galaxy of ETFs emanating buy signals, the star that shines the brightest is TGRW. With a price tag of $33.61 as of February 27, this dynamic ETF propounds a growth-centric philosophy. Delving into global enterprises boasting traits like stellar earnings growth and a penchant for expansion in turbulent markets, TGRW boldly positions itself as a beacon for intrepid investors seeking to ride the wave of curiosity.

For a deeper dive into news, insights, and strategies, navigate to theΒ Active ETF Channel.

The thoughts and views elucidated herein mirror the opinion of the author and not necessarily those of Nasdaq, Inc.

Swing Trading Ideas and Market Commentary

Need some new swing ideas? Get free weekly swing ideas and market commentary from Jonathan Bernstein here: Swing Trading.

Explore More

Weekly In-Depth Market Analysis and Actionable Trade Ideas

Get institutional-level analysis and trade ideas to take your trading to the next level, sign up for free and become apart of the community.