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Vanguard European ETF Crosses Below its 10-day MA (VGK)

By Nick Russo

Today, shares of Vanguard European ETF (AMEX:VGK) have crossed bearishly below their 10-day moving average of $49.96 on a volume of 513K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Vanguard European ETF have traded between a low of $43.47 and a high of $58.51 and are now at $49.45, which is 14% above that low price. The 200-day and 50-day moving averages have moved 0.17% lower and 0.49% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Vanguard European ETF and will alert subscribers who have VGK in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses amex:vgk vanguard european etf

Ticker(s): VGK