Vanguard Growth ETF Crosses Below its 10-day MA (VUG)
Vanguard Growth ETF (AMEX:VUG) shares have crossed bearishly below their 10-day moving average of $93.20 on a volume of 116K 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, shares of Vanguard Growth ETF have traded between a low of $75.47 and a high of $96.56 and are now at $92.35, which is 22% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has remained constant.
SmarTrend is monitoring the recent change of momentum in Vanguard Growth ETF. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Vanguard Growth ETF in search of a potential trend change.
Keywords: moving crosses amex:vug vanguard growth etf