Bearish Moving Average Cross by Vanguard Financials ETF (VFH)
Today, shares of Vanguard Financials ETF (NYSE:VFH) have crossed bearishly below their 10-day moving average of $49.71 on a volume of 110K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.
Over the past year, Vanguard Financials ETF has traded in a range of $31.35 to $51.96 and is now at $49.06, 56% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 0.8%.
SmarTrend is tracking the current trend status for Vanguard Financials ETF and will alert subscribers who have VFH in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses vanguard financials etf