(Vanguard U.S. Momentum Factor ETF)
| VFMO latest price $120.3100 (-0.6%) ($120.0380 - $120.9000) on Wed. Jul. 5, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.89% (three month average) |
RSI | 60 |
Latest Price | $120.3100(-0.6%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | VFMO advances 0.3% 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 | Normal for large cap. Broad based sell-off 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(84%) |
Factors Impacting VFMO price | VFMO will decline at least -0.445% in a week (0% probabilities). VXX(-63%) VIXM(-53%) UUP(-38%) TBT(-34%) EDOC(-14%) |
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 | -0.445% (StdDev 0.89%) |
Hourly BBV | -0.5 () |
Intraday Trend | -0.5% |
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