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Vanguard Growth ETF Crosses Below its 10-day MA (VUG)

By James Quinn

Today, shares of Vanguard Growth ETF (AMEX:VUG) have crossed bearishly below their 10-day moving average of $98.60 on a volume of 180K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Vanguard Growth ETF has traded in a range of $93.61 to $111.92 and is now at $97.41, 4% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has declined 0.8%.

SmarTrend recommended that its subscribers protect gains by selling shares of Vanguard Growth ETF on December 21st, 2015 by issuing a Downtrend alert when the shares were trading at $104.95. Since that call, shares of Vanguard Growth ETF have fallen 5.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses amex:vug vanguard growth etf

Ticker(s): VUG