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Bearish Moving Average Cross by Vanguard Growth ETF (VUG)

By Shiri Gupta

Today, shares of Vanguard Growth ETF (AMEX:VUG) have fallen below their 10-day MA of $92.64 on a volume of 141K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Vanguard Growth ETF share prices have been bracketed by a low of $73.54 and a high of $93.55 and are now at $91.40, 24% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.3%.

SmarTrend recommended that subscribers consider buying shares of Vanguard Growth ETF on October 16th, 2013 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $85.97. Since that recommendation, shares of Vanguard Growth ETF have risen 8.0%. We continue to monitor VUG for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses amex:vug vanguard growth etf

Ticker(s): VUG