SmarTrend Watching for Potential Pullback in Shares of Vanguard Emerging Markets ETF After 1.22% Gain
Vanguard Emerging Markets ETF (AMEX:VWO) traded in a range yesterday that spanned from a low of $37.18 to a high of $37.40. Yesterday, the shares gained 1.2%, which took the trading range above the 3-day high of $37.17 on volume of 5.9 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.
In the past 52 weeks, shares of Vanguard Emerging Markets ETF have traded between a low of $27.98 and a high of $44.43 and are now at $37.33, which is 33% above that low price. The 200-day and 50-day moving averages have moved 0.36% lower and 0.70% higher over the past week, respectively.
Keywords: rebounders amex:vwo vanguard emerging markets etf