Vector Group Bullish Moving Average Crossover Alert (VGR)
Vector Group (NYSE:VGR) crossed over its 10-day moving average of $21.83 on a volume of 240K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.
In the past 52 weeks, Vector Group share prices have been bracketed by a low of $20.30 and a high of $25.87 and are now at $22.04, 9% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.6% while the 200-day MA has slid 0.3%.
SmarTrend is tracking the current trend status for Vector Group and will alert subscribers who have VGR in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses vector group