Vanguard Growth ETF Crosses Above its 10-day MA (VUG)
Vanguard Growth ETF (AMEX:VUG) crossed over its 10-day moving average of $95.30 on a volume of 392K 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.
In the past 52 weeks, Vanguard Growth ETF share prices have been bracketed by a low of $75.47 and a high of $96.56 and are now at $95.45, 26% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has remained constant.
SmarTrend recommended that subscribers consider buying shares of Vanguard Growth ETF on February 10th, 2014 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $91.68. Since that recommendation, shares of Vanguard Growth ETF have risen 3.3%. We continue to monitor VUG for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: moving crosses amex:vug vanguard growth etf