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Vanguard European ETF Rising on Above-Average Volume, Consistent With Trend (VGK)

By David Diaz

Vanguard European ETF's stock is up 0.9% to $51.58 on heavy trading volume. Today's volume of 8.0 million shares tops the average 30-day volume of 4.0 million shares. Unusually high volume can signify a potential turning point or validate a breakout.

SmarTrend recommended that subscribers consider buying shares of Vanguard European ETF on January 4th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $48.32. Since that recommendation, shares of Vanguard European ETF have risen 5.8%. We continue to monitor VGK for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Over the past year, Vanguard European ETF has traded in a range of $42.73 to $58.51 and is now at $51.64, 21% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has slid 0.3%.

Keywords: unusual volume amex:vgk vanguard european etf

Ticker(s): VGK