(Vanguard U.S. Momentum Factor ETF)
| VFMO latest price $109.2900 (-1.03%) ($108.7400 - $110.9500) on Thu. Jul. 21, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.89% (three month average) |
RSI | 58 |
Latest Price | $109.2900(-1.03%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | VFMO advances 0.8% a day on average for past five trading days. |
Weekly Trend | VFMO advances 0.8% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support VFMO advance at 0% a week (0% probability) XLI(81%) VT(80%) VYM(79%) XLB(77%) XLF(75%) |
Factors Impacting VFMO price | VFMO will decline at least -0.945% in a week (0% probabilities). VIXM(-60%) UUP(-41%) VXX(-20%) TBT(-11%) EDOC(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.945% (StdDev 1.89%) |
Hourly BBV | 0.2 () |
Intraday Trend | -1.5% |
| |
|
|