Bearish Moving Average Cross by Vanguard FTSE All-World ex-US ETF (VEU)
Vanguard FTSE All-World ex-US ETF (NYSE:VEU) shares have crossed bearishly below their 10-day moving average of $45.44 on a volume of 222K 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.
In the past 52 weeks, shares of Vanguard FTSE All-World ex-US ETF have traded between a low of $37.80 and a high of $52.11 and are now at $45.34, which is 20% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has slid 0.3%.
SmarTrend recommended that subscribers consider buying shares of Vanguard FTSE All-World ex-US ETF on July 1st, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $42.97. Since that recommendation, shares of Vanguard FTSE All-World ex-US ETF have risen 6.7%. We continue to monitor VEU for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: moving crosses vanguard ftse all-world ex-us etf