| VYM latest price $104.5400 (1.98%) ($103.7100 - $104.8600) on Tue. Nov. 14, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.76% (three month average) |
RSI | 65 |
Latest Price | $104.5400(1.98%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | VYM advances 0.3% a day on average for past five trading days. |
Weekly Trend | VYM advances 1.3% 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 VYM advance at 0% a week (0% probability) IWD(96%) SPY(96%) IVE(95%) DIA(93%) XLI(92%) |
Factors Impacting VYM price | VYM will decline at least -0.38% in a week (0% probabilities). VXX(-44%) EDOC(-30%) VIXM(-20%) TBT(-17%) UUP(-11%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.38% (StdDev 0.76%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0.8% |
| |
|
|