Bearish Moving Average Cross by Vanguard Growth ETF (VUG)
Today, shares of Vanguard Growth ETF (AMEX:VUG) have crossed bearishly below their 10-day moving average of $109.48 on a volume of 108K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.
Vanguard Growth ETF share prices have moved between a 52-week high of $111.92 and a 52-week low of $91.80 and are now trading 19% above that low price at $109.18 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.
SmarTrend is monitoring the recent change of momentum in Vanguard Growth ETF. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Vanguard Growth ETF in search of a potential trend change.
Keywords: moving crosses amex:vug vanguard growth etf