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Bearish Moving Average Cross by Vanguard Growth ETF (VUG)

By David Diaz

Vanguard Growth ETF (AMEX:VUG) shares have crossed bearishly below their 10-day moving average of $108.96 on a volume of 139K 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.

Over the past year, Vanguard Growth ETF has traded in a range of $91.80 to $110.78 and is now at $108.61, 18% above that low. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

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

Ticker(s): VUG