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SmarTrend Watching for Potential Rebound in Shares of Vanguard Emerging Markets ETF After 1.73% Loss

By Nick Russo

Vanguard Emerging Markets ETF (AMEX:VWO) traded in a range yesterday that spanned from a low of $37.47 to a high of $37.72. Yesterday, the shares fell 1.7%, which took the trading range below the 3-day low of $37.63 on volume of 13.0 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

SmarTrend recommended that subscribers consider buying shares of Vanguard Emerging Markets ETF on July 12th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $36.22. Since that recommendation, shares of Vanguard Emerging Markets ETF have risen 5.5%. We continue to monitor VWO for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Over the past year, Vanguard Emerging Markets ETF has traded in a range of $27.98 to $44.43 and is now at $37.52, 34% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has advanced 0.7%.

Keywords: rebounders amex:vwo vanguard emerging markets etf

Ticker(s): VWO