Market Overview

9.6% Return Seen to Date on SmarTrend Vanguard REIT ETF Call (VNQ)

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SmarTrend identified an Uptrend for Vanguard REIT ETF (AMEX: VNQ) on December 30, 2010 at $55.46. In approximately 4 months, Vanguard REIT ETF has returned 9.6% as of today's recent price of $60.79.

In the past 52 weeks, shares of Vanguard REIT ETF have traded between a low of $43.96 and a high of $62.38 and are now at $60.79, which is 38% above that low price.

Vanguard REIT ETF is currently above its 50-day moving average of $58.57 and above its 200-day moving average of $55.18. Look for these moving averages to climb to confirm the company's upward momentum.

In the last five trading sessions, the 50-day MA has climbed 0.52% while the 200-day MA has risen 0.6%.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Vanguard REIT ETF shares.

Write to Chip Brian at cbrian@mysmartrend.com

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