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

By Nick Russo

Vanguard Growth ETF (AMEX:VUG) shares have crossed bearishly below their 10-day moving average of $104.92 on a volume of 120K 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.

In the past 52 weeks, Vanguard Growth ETF share prices have been bracketed by a low of $88.02 and a high of $106.10 and are now at $104.77, 19% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.4%.

SmarTrend recommended that subscribers consider buying shares of Vanguard Growth ETF on October 21st, 2014 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $97.96. Since that recommendation, shares of Vanguard Growth ETF have risen 8.0%. 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

Ticker(s): VUG