| VYM latest price $87.6500 (-0.15%) ($87.2100 - $88.3800) on Wed. Nov. 11, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.2% (three month average) |
RSI | 60 |
Latest Price | $87.6500(-0.15%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | VYM advances 1.3% a day on average for past five trading days. |
Weekly Trend | VYM advances 2.6% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support VYM advance at 0% a week (0% probability) XLF(91%) XLI(91%) XLB(87%) VT(85%) DIA(78%) |
Factors Impacting VYM price | VYM will decline at least -0.6% in a week (0% probabilities). VIXM(-63%) UUP(-33%) VXX(-27%) EDOC(-9%) TLT(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.6% (StdDev 1.2%) |
Hourly BBV | -0.2 () |
Intraday Trend | -0.8% |
| |
|
|