Vanguard Growth ETF Crosses Below its 10-day MA (VUG)
Vanguard Growth ETF (AMEX:VUG) crossed under its 10-day moving average of $77.36 on a volume of 1.3 million 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.
Vanguard Growth ETF share prices have moved between a 52-week high of $78.82 and a 52-week low of $63.85 and are now trading 19% above that low price at $76.26 per share. The 200-day and 50-day moving averages have moved 0.24% higher and 0.24% higher over the past week, respectively.
SmarTrend recommended that subscribers consider buying shares of Vanguard Growth ETF on November 23rd, 2012 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $70.60. Since that recommendation, shares of Vanguard Growth ETF have risen 10.1%. 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