(Vanguard U.S. Momentum Factor ETF)
| VFMO latest price $122.5000 (1.15%) ($122.4900 - $123.0800) on Wed. Jul. 12, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.93% (three month average) |
RSI | 60 |
Latest Price | $122.5000(1.15%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | VFMO advances 0.4% a day on average for past five trading days. |
Weekly Trend | VFMO advances 0.9% 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 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 -0.465% in a week (0% probabilities). VXX(-63%) VIXM(-53%) UUP(-38%) TBT(-34%) EDOC(6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.465% (StdDev 0.93%) |
Hourly BBV | 1.2 () |
Intraday Trend | -0.4% |
| |
|
|