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SmarTrend Watching for Potential Pullback in Shares of Vanguard MSCI EAFE ETF After 1.29% Gain

By Amy Schwartz

Vanguard MSCI EAFE ETF (NYSE:VEA) traded in a range yesterday that spanned from a low of $36.74 to a high of $36.90. Yesterday, the shares gained 1.3%, which took the trading range above the 3-day high of $36.76 on volume of 2.3 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

In the past 52 weeks, Vanguard MSCI EAFE ETF share prices have been bracketed by a low of $31.95 and a high of $42.51 and are now at $36.90, 15% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has slid 0.2%.

SmarTrend is tracking the current trend status for Vanguard MSCI EAFE ETF and will alert subscribers who have VEA in their portfolio or watchlist when shares have changed trend direction.

Keywords: rebounders vanguard msci eafe etf

Ticker(s): VEA