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Bullish Moving Average Cross by Vf Corp (VFC)

By James Quinn

Today, shares of Vf Corp (NYSE:VFC) have advanced above their 10-day MA of $90.77 on a volume of 584K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher 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 $61.56 and are now trading 48% above that low price at $91.06 per share. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.6%.

SmarTrend recommended that subscribers consider buying shares of Vf Corp on April 17th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $78.58. Since that recommendation, shares of Vf Corp have risen 14.1%. We continue to monitor VFC for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses vf corp

Ticker(s): VFC