Shares of VF Corp Has Risen Above Previous 52-Week High
VF Corp (NYSE:VFC) traded today at a new 52-week high of $236.60. Approximately 122,000 shares have changed hands today, as compared to an average 30-day volume of 618,000 shares.
VF Corp share prices have moved between a 52-week high of $236.60 and a 52-week low of $142.79 and are now trading 65% above that low price at $235.62 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.1% while the 200-day MA has risen 0.6%.
VF Corp (NYSE:VFC) is currently priced 4.6% above its average consensus analyst price target of $224.89. The stock should discover initial support at its 50-day moving average (MA) of $210.07 and subsequent support at its 200-day MA of $189.07.
VF Corporation is an international apparel company. The Company owns a broad portfolio of brands in the jeanswear, outerwear, packs, footwear, sportswear and occupational apparel categories. VF Corp's products are marketed to consumers shopping in specialty stores, upscale and traditional department stores, national chains and mass merchants.
SmarTrend recommended that subscribers consider buying shares of VF Corp on October 17th, 2013 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $201.82. Since that recommendation, shares of VF Corp have risen 16.1%. We continue to monitor VFC for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: 52 week high/lows vf corp