Market Overview

Recent 52-Week High Exceeded in Shares of Vanguard Europe Pacific ETF (VEA)

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(via COMTEX News Network)--

Shares of Vanguard Europe Pacific ETF (NYSE: VEA) traded at a new 52-week high today of $38.63. Approximately 833,000 shares have traded hands today vs. average 30-day volume of 2.5 million shares.

Vanguard Europe Pacific ETF is currently trading at $38.55, approximately 3% above its 50-day moving average of $37.41. SmarTrend will be monitoring shares of VEA to see if this bullish momentum will continue.

In the last five trading sessions, the 50-day MA has remained constant while the 200-day MA has risen 0.31%.

In the past 52 weeks, shares of Vanguard Europe Pacific ETF have traded between a low of $26.98 and a high of $38.50 and are now at $38.58, which is 43% above that low price.

SmarTrend currently has shares of Vanguard Europe Pacific ETF in an Uptrend and issued the Uptrend alert on March 24, 2011 at $37.12. The stock has risen 3.3% since the Uptrend alert was issued.

Write to Chip Brian at cbrian@mysmartrend.com

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