(Vanguard U.S. Momentum Factor ETF)
| VFMO latest price $112.8550 (-0.72%) ($112.6750 - $114.2200) on Mon. Nov. 6, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.07% (three month average) |
RSI | 45 |
Latest Price | $112.8550(-0.72%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | VFMO advances 1.1% a day on average for past five trading days. |
Weekly Trend | VFMO advances 0.5% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support VFMO advance at 0% a week (0% probability) SPY(97%) SMH(93%) IWO(90%) IVE(89%) IWM(89%) |
Factors Impacting VFMO price | VFMO will decline at least -0.535% in a week (0% probabilities). UUP(-39%) TBT(-27%) VXX(-23%) GLD(-10%) EDOC(-9%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.535% (StdDev 1.07%) |
Hourly BBV | 0.7 () |
Intraday Trend | -1.2% |
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