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Bearish Moving Average Cross by Vf Corp (VFC)

By James Quinn

Vf Corp (NYSE:VFC) shares have crossed bearishly below their 10-day moving average of $79.29 on a volume of 342K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Vf Corp share prices have been bracketed by a low of $48.05 and a high of $84.38 and are now at $78.99, 64% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.3% 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