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Next Resistance Level for Vf Corp (VFC) is $84.96

By Amy Schwartz

Shares of Vf Corp (NYSE:VFC) opened today above their pivot of $83.73 and have already reached the first level of resistance at $84.33. Investors may be interested in a cross of the next upside pivot targets of $84.96 and $86.19.

Potential upside of 0.0% exists for Vf Corp, based on a current level of $0.00 and analysts' average consensus price target of $83.28. The stock should run into initial resistance at its 200-day moving average (MA) of $75.68 and subsequent resistance at its 50-day MA of $81.37.

In the past 52 weeks, Vf Corp share prices have been bracketed by a current low of $0.00 and a high of $85.15 and are now at $0.00. Over the last five market days, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has advanced 0.3%.

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 6.5%. We continue to monitor VFC for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: pivot alerts vf corp

Ticker(s): VFC