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SmarTrend Watching for Potential Rebound in Shares of Vanguard Emerging Markets ETF After 2.45% Loss

By Amy Schwartz

Vanguard Emerging Markets ETF (AMEX:VWO) traded in a range yesterday that spanned from a low of $33.88 to a high of $34.30. Yesterday, the shares fell 2.5%, which took the trading range below the 3-day low of $34.65 on volume of 9.7 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

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 $34.01, which is 22% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 0.7%.

SmarTrend recommended that subscribers consider buying shares of Vanguard Emerging Markets ETF on February 4th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $30.69. Since that recommendation, shares of Vanguard Emerging Markets ETF have risen 13.5%. We continue to monitor VWO for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: rebounders amex:vwo vanguard emerging markets etf

Ticker(s): VWO