(Vanguard U.S. Momentum Factor ETF)
| VFMO latest price $113.5950 (0.66%) ($112.7750 - $113.7250) on Tue. Nov. 7, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.07% (three month average) |
RSI | 56 |
Latest Price | $113.5950(0.66%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | VFMO advances 1.1% a day on average for past five trading days. |
Weekly Trend | VFMO advances 1.5% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support VFMO advance at 0% a week (0% probability) SPY(97%) SMH(93%) IWO(90%) IVE(89%) IWM(89%) |
Factors Impacting VFMO price | VFMO will decline at least -0.535% in a week (0% probabilities). UUP(-39%) TBT(-27%) VXX(-23%) GLD(-10%) VIXM(-2%) |
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 | -0.535% (StdDev 1.07%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0.5% |
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