(Vanguard U.S. Momentum Factor ETF)
| VFMO latest price $120.8400 (1.6%) ($119.8230 - $121.0400) on Tue. Nov. 22, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.48% (three month average) |
RSI | 61 |
Latest Price | $120.8400(1.6%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | VFMO advances 0.2% a day on average for past five trading days. |
Weekly Trend | VFMO advances 0.7% 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) VT(81%) XLI(81%) VYM(75%) XLB(74%) XHB(73%) |
Factors Impacting VFMO price | VFMO will decline at least -0.74% in a week (0% probabilities). VIXM(-59%) UUP(-34%) VXX(-22%) TBT(-8%) CEMB(4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.74% (StdDev 1.48%) |
Hourly BBV | 1.6 () |
Intraday Trend | -0.2% |
| |
|
|