Bullish Moving Average Cross by Vanguard Emerging Markets ETF (VWO)
Today, shares of Vanguard Emerging Markets ETF (AMEX:VWO) have crossed bullishly above their 10-day moving average of $37.69 on a volume of 2.8 million shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.
Vanguard Emerging Markets ETF share prices have moved between a 52-week high of $44.43 and a 52-week low of $27.98 and are now trading 35% above that low price at $37.81 per share. The 200-day and 50-day moving averages have moved 0.36% lower and 0.70% higher over the past week, respectively.
SmarTrend recommended that subscribers consider buying shares of Vanguard Emerging Markets ETF on July 12th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $36.22. Since that recommendation, shares of Vanguard Emerging Markets ETF have risen 3.5%. We continue to monitor VWO for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: moving crosses amex:vwo vanguard emerging markets etf