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Stock Investors Bid Up Shares of iPATH S&P 500 VIX Short-Term Futures ETN, Up 4.0%

Written on Mon, 03/18/2013 - 10:23am
By Amy Schwartz

Up 4.0% to $21.33, iPATH S&P 500 VIX Short-Term Futures ETN (NYSE:VXX), is one of today's notable movers. The S&P is trading lower by 0.6% to 1,551 and the Dow is trading 0.3% lower to 14,466.

iPATH S&P 500 VIX Short-Term Futures ETN share prices have moved between a 52-week high of $91.52 and a 52-week low of $20.41 and are now trading 5% above that low price at $21.33 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 4.7% while the 200-day MA has slid 3.6%.

SmarTrend recommended that its subscribers protect gains by selling shares of iPATH S&P 500 VIX Short-Term Futures ETN on January 2nd, 2013 by issuing a Downtrend alert when the shares were trading at $28.79. Since that call, shares of iPATH S&P 500 VIX Short-Term Futures ETN have fallen 28.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: market movers ipath s&p 500 vix short-term futures etn

Ticker(s): VXX

Contact Amy Schwartz



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