Bullish Moving Average Cross by Vanguard Value ETF (VTV)
Today, shares of Vanguard Value ETF (AMEX:VTV) have advanced above their 10-day MA of $84.47 on a volume of 145K 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.
Over the past year, Vanguard Value ETF has traded in a range of $72.25 to $86.80 and is now at $84.69, 17% above that low. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.5%.
SmarTrend recommended that subscribers consider buying shares of Vanguard Value ETF on February 22nd, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $78.26. Since that recommendation, shares of Vanguard Value ETF have risen 6.9%. 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