Bullish Moving Average Cross by Vanguard Emerging Markets ETF (VWO)
Vanguard Emerging Markets ETF (AMEX:VWO) crossed over its 10-day moving average of $37.68 on a volume of 2.7 million shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.
In the past 52 weeks, shares of Vanguard Emerging Markets ETF have traded between a low of $27.98 and a high of $44.43 and are now at $37.79, which is 35% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.7% while the 200-day MA has slid 0.4%.
SmarTrend is tracking the current trend status for Vanguard Emerging Markets ETF and will alert subscribers who have VWO in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses amex:vwo vanguard emerging markets etf