(Vanguard U.S. Momentum Factor ETF)
| VFMO latest price $121.2000 (0.98%) ($119.5450 - $121.9790) on Tue. Jun. 7, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.7% (three month average) |
RSI | 59 |
Latest Price | $121.2000(0.98%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | VFMO advances 0.4% a day on average for past five trading days. |
Weekly Trend | VFMO advances 3.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support VFMO advance at 0% a week (0% probability) XLI(82%) VT(81%) VYM(80%) XLB(78%) XLF(76%) |
Factors Impacting VFMO price | VFMO will decline at least -0.85% in a week (0% probabilities). VIXM(-61%) UUP(-42%) VXX(-20%) TBT(-8%) TLT(9%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.85% (StdDev 1.7%) |
Hourly BBV | 2.8 () |
Intraday Trend | 0.4% |
| |
|
|