After Yesterday's Rally of 1.74% Shares Could Potentially Pullback
Vanguard Emerging Markets ETF (AMEX:VWO) traded in a range yesterday that spanned from a low of $36.08 to a high of $36.33. Yesterday, the shares gained 1.7%, which took the trading range above the 3-day high of $35.82 on volume of 12.3 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
SmarTrend is tracking the current trend status for Vanguard Emerging Markets ETF and will alert subscribers who have VWO in their portfolio or watchlist when shares have changed trend direction.
Vanguard Emerging Markets ETF share prices have moved between a 52-week high of $44.43 and a 52-week low of $27.98 and are now trading 30% above that low price at $36.28 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has advanced 0.7%.
Keywords: rebounders amex:vwo vanguard emerging markets etf