Bearish Moving Average Cross by Vanguard Total Stock Market ETF (VTI)
Today, shares of Vanguard Total Stock Market ETF (AMEX:VTI) have crossed bearishly below their 10-day moving average of $111.99 on a volume of 251K 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 Total Stock Market ETF share prices have been bracketed by a low of $91.58 and a high of $112.64 and are now at $111.83, 22% 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 0.6%.
SmarTrend recommended that subscribers consider buying shares of Vanguard Total Stock Market ETF on July 8th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $108.43. Since that recommendation, shares of Vanguard Total Stock Market ETF have risen 3.6%. We continue to monitor VTI for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: moving crosses amex:vti vanguard total stock market etf