Vanguard REIT ETF Looks to Continue to Trade Above its Annual-High Share Price Today (VNQ)

Shares of Vanguard REIT ETF VNQ traded at a new 52-week high today of $63.23. Approximately 491,000 shares have traded hands today vs. average 30-day volume of 1.7 million shares.

Vanguard REIT ETF is currently trading at $63.09, approximately 4.1% above its 50-day moving average of $60.58. 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 remained constant while the 200-day MA has risen 0.24%.

In the past 52 weeks, shares of Vanguard REIT ETF have traded between a low of $46.37 and a high of $62.99 and are now at $63.05, which is 36% above that low price.

SmarTrend currently has shares of Vanguard REIT ETF in an Uptrend and issued the Uptrend alert on July 05, 2011 at $61.31. The stock has risen 1.7% since the Uptrend alert was issued.

Write to Chip Brian at cbrian@mysmartrend.com

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