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Vanguard Value ETF Crosses Below its 10-day MA (VTV)

By Amy Schwartz

Today, shares of Vanguard Value ETF (AMEX:VTV) have crossed bearishly below their 10-day moving average of $85.06 on a volume of 141K 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 Value ETF has traded in a range of $72.25 to $86.80 and is now at $84.92, 18% above that low. The 200-day and 50-day moving averages have moved 0.05% lower and 0.54% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Vanguard Value ETF on February 22nd, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $78.26. Since that recommendation, shares of Vanguard Value ETF have risen 9.4%. We continue to monitor VTV for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses amex:vtv vanguard value etf

Ticker(s): VTV