SmarTrend Watching for Potential Rebound in Shares of Vanguard FTSE All-World ex-US ETF After 1.08% Loss
Vanguard FTSE All-World ex-US ETF (NYSE:VEU) traded in a range yesterday that spanned from a low of $44.82 to a high of $45.28. Yesterday, the shares fell 1.1%, which took the trading range below the 3-day low of $45.12 on volume of 1.2 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
Vanguard FTSE All-World ex-US ETF share prices have moved between a 52-week high of $52.11 and a 52-week low of $37.80 and are now trading 19% above that low price at $44.92 per share. The 200-day and 50-day moving averages have moved 0.26% lower and 0.63% higher over the past week, respectively.
SmarTrend recommended that subscribers consider buying shares of Vanguard FTSE All-World ex-US ETF on July 1st, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $42.97. Since that recommendation, shares of Vanguard FTSE All-World ex-US ETF have risen 5.7%. We continue to monitor VEU for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: rebounders vanguard ftse all-world ex-us etf