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 $107.74 on a volume of 464K 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, Vanguard Growth ETF share prices have been bracketed by a low of $93.61 and a high of $111.92 and are now at $107.06, 14% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.2%.
SmarTrend is tracking the current trend status for Vanguard Growth ETF and will alert subscribers who have VUG in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses amex:vug vanguard growth etf