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Vector Group Ltd Crosses Below its 10-day MA (VGR)

By James Quinn

Vector Group Ltd (NYSE:VGR) shares have crossed bearishly below their 10-day moving average of $15.76 on a volume of 411K 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 Vector Group Ltd have traded between a low of $15.30 and a high of $23.14 and are now at $15.62, which is 2% above that low price. The 200-day and 50-day moving averages have moved 0.66% lower and 1.46% lower over the past week, respectively.

SmarTrend recommended that its subscribers protect gains by selling shares of Vector Group Ltd on January 10th, 2018 by issuing a Downtrend alert when the shares were trading at $21.44. Since that call, shares of Vector Group Ltd have fallen 25.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses vector group ltd

Ticker(s): VGR