Market Overview

Shares of VGK Down 3.4% Since Downtrend Call on Shares

(via COMTEX News Network)--

SmarTrend identified a Downtrend for Vanguard European ETF (AMEX: VGK) on June 10, 2011 at $52.06. In approximately 2 weeks, Vanguard European ETF has returned 3.4% as of today's recent price of $50.29.

In the past 52 weeks, shares of Vanguard European ETF have traded between a low of $40.14 and a high of $56.69 and are now at $50.29, which is 25% above that low price.

Vanguard European ETF is currently below its 50-day moving average of $53.33 and below its 200-day moving average of $51.22. Look for these moving averages to decline to confirm the company's downward momentum.

In the last five trading sessions, the 50-day MA has fallen 0.28% while the 200-day MA has risen 0.22%.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Vanguard European ETF.

Write to Chip Brian at


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

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