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Bearish Moving Average Cross by Vanguard Emerging Markets ETF (VWO)

By James Quinn

Today, shares of Vanguard Emerging Markets ETF (AMEX:VWO) have crossed bearishly below their 10-day moving average of $38.20 on a volume of 3.4 million shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Vanguard Emerging Markets ETF share prices have moved between a 52-week high of $44.43 and a 52-week low of $27.98 and are now trading 36% above that low price at $38.09 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has advanced 0.7%.

SmarTrend recommended that subscribers consider buying shares of Vanguard Emerging Markets ETF on July 12th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $36.22. Since that recommendation, shares of Vanguard Emerging Markets ETF have risen 6.5%. We continue to monitor VWO for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses amex:vwo vanguard emerging markets etf

Ticker(s): VWO