Look for Shares of Vanguard Emerging Markets ETF to Potentially Pullback after Yesterday's 1.32% Rise
Vanguard Emerging Markets ETF (AMEX:VWO) traded in a range yesterday that spanned from a low of $34.21 to a high of $34.49. Yesterday, the shares gained 1.3%, which took the trading range above the 3-day high of $34.07 on volume of 23.2 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
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 23% above that low price at $34.43 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.7% while the 200-day MA has slid 0.4%.
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.
Keywords: rebounders amex:vwo vanguard emerging markets etf