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Vf Corp Crosses Below its 10-day MA (VFC)

By James Quinn

Today, shares of Vf Corp (NYSE:VFC) have fallen below their 10-day MA of $83.83 on a volume of 289K shares. Swing traders may find 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 Vf Corp have traded between a low of $54.51 and a high of $85.15 and are now at $82.73, which is 52% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.6%.

SmarTrend recommended that subscribers consider buying shares of Vf Corp on April 17th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $78.58. Since that recommendation, shares of Vf Corp have risen 7.4%. 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

Ticker(s): VFC