Bearish Moving Average Cross by Vanguard REIT ETF (VNQ)
Vanguard REIT ETF (AMEX:VNQ) crossed under its 10-day moving average of $83.45 on a volume of 788K 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, shares of Vanguard REIT ETF have traded between a low of $70.89 and a high of $92.92 and are now at $83.27, which is 17% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.8%.
SmarTrend is tracking the current trend status for Vanguard REIT ETF and will alert subscribers who have VNQ in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses amex:vnq vanguard reit etf