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Vanguard Emerging Markets ETF Falls 1.99% on Heavy Volume: Watch For Potential Rebound

By James Quinn

Vanguard Emerging Markets ETF (AMEX:VWO) traded in a range yesterday that spanned from a low of $39.62 to a high of $40.14. Yesterday, the shares fell 2.0%, which took the trading range below the 3-day low of $40.69 on volume of 18.4 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 January 5th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $36.83. Since that recommendation, shares of Vanguard Emerging Markets ETF have risen 10.6%. We continue to monitor VWO for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

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 $39.89, which is 43% above that low price. Over the past week, 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