SmarTrend Watching for Potential Rebound in Shares of Vanguard Emerging Markets ETF After 5.14% Loss
Vanguard Emerging Markets ETF (AMEX:VWO) traded in a range yesterday that spanned from a low of $33.49 to a high of $34.26. Yesterday, the shares fell 5.1%, which took the trading range below the 3-day low of $34.29 on volume of 17.8 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
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 20% above that low price at $33.67 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%.
Keywords: rebounders amex:vwo vanguard emerging markets etf