VF Corp Bearish Moving Average Crossover Alert (VFC)
Today, shares of VF Corp (NYSE:VFC) have fallen below their 10-day MA of $63.89 on a volume of 931K 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.
VF Corp share prices have moved between a 52-week high of $77.40 and a 52-week low of $52.21 and are now trading 22% above that low price at $63.74 per share. The 200-day and 50-day moving averages have moved 0.18% lower and 0.39% higher over the past week, respectively.
SmarTrend recommended that subscribers consider buying shares of VF Corp on February 18th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $61.18. Since that recommendation, shares of VF Corp have risen 5.3%. We continue to monitor VFC for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: moving crosses vf corp