Vanguard Growth ETF Crosses Below its 10-day MA (VUG)
Vanguard Growth ETF (AMEX:VUG) crossed under its 10-day moving average of $94.46 on a volume of 156K 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 Growth ETF have traded between a low of $74.91 and a high of $95.76 and are now at $94.29, which is 26% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.6%.
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 3.9%. 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