Market Overview

Vanguard REIT ETF: The Winning Streak Continues (VNQ)

Share:
(via COMTEX News Network)--

Shares of Vanguard REIT ETF (AMEX: VNQ) traded at a new 52-week high today of $62.56. Approximately 1.2 million shares have traded hands today vs. average 30-day volume of 1.6 million shares.

Vanguard REIT ETF is currently trading at $62.54, approximately 5.1% above its 50-day moving average of $59.52. SmarTrend will be monitoring shares of VNQ to see if this bullish momentum will continue.

In the last five trading sessions, the 50-day MA has climbed 0.65% while the 200-day MA has risen 0.43%.

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 $62.48, which is 42% above that low price.

SmarTrend currently has shares of Vanguard REIT ETF in an Uptrend and issued the Uptrend alert on December 30, 2010 at $55.46. The stock has risen 11.3% since the Uptrend alert was issued.

Write to Chip Brian at cbrian@mysmartrend.com

---------------------------------------------------------------------------------------------

SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.mysmartrend.com

Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.mysmartrend.com/signup

View Comments and Join the Discussion!