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Vf Corp Bullish Moving Average Crossover Alert (VFC)

By James Quinn

Vf Corp (NYSE:VFC) crossed over its 10-day moving average of $94.33 on a volume of 167K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Vf Corp have traded between a low of $67.18 and a high of $97.00 and are now at $94.83, which is 41% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.7%.

SmarTrend recommended that subscribers consider buying shares of Vf Corp on January 8th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $73.84. Since that recommendation, shares of Vf Corp have risen 27.2%. We continue to monitor VFC for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses vf corp

Ticker(s): VFC