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Bearish Moving Average Cross by Vf Corp (VFC)

By Amy Schwartz

Vf Corp (NYSE:VFC) crossed under its 10-day moving average of $91.01 on a volume of 863K 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.

Vf Corp share prices have moved between a 52-week high of $97.00 and a 52-week low of $67.18 and are now trading 30% above that low price at $87.07 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.4%.

SmarTrend is tracking the current trend status for Vf Corp and will alert subscribers who have VFC in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses vf corp

Ticker(s): VFC