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Bearish Moving Average Cross by Vanguard Value ETF (VTV)

By Nick Russo

Today, shares of Vanguard Value ETF (AMEX:VTV) have crossed bearishly below their 10-day moving average of $88.12 on a volume of 217K 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.

Vanguard Value ETF share prices have moved between a 52-week high of $88.60 and a 52-week low of $72.25 and are now trading 21% above that low price at $87.60 per share. The 200-day and 50-day moving averages have moved 0.05% lower and 0.54% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Vanguard Value ETF on July 8th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $85.52. Since that recommendation, shares of Vanguard Value ETF have risen 3.5%. We continue to monitor VTV for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses amex:vtv vanguard value etf

Ticker(s): VTV