(Vanguard U.S. Momentum Factor ETF)
| VFMO latest price $121.3950 (1.53%) ($121.0000 - $121.7200) on Fri. Jun. 30, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.92% (three month average) |
RSI | 68 |
Latest Price | $121.3950(1.53%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | VFMO advances 0.7% a day on average for past five trading days. |
Weekly Trend | VFMO advances 0.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support VFMO advance at 0% a week (0% probability) IWO(89%) BOTZ(85%) IWM(85%) VT(85%) IVE(83%) |
Factors Impacting VFMO price | VFMO will decline at least -0.46% in a week (0% probabilities). VXX(-63%) VIXM(-53%) UUP(-39%) TBT(-33%) EDOC(-7%) |
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 | -0.46% (StdDev 0.92%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0.3% |
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