(Vanguard U.S. Momentum Factor ETF)
| VFMO latest price $122.3600 (0.77%) ($121.6800 - $122.4310) on Thu. Dec. 7, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.08% (three month average) |
RSI | 74 |
Latest Price | $122.3600(0.77%) |
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 1.5% 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) IVE(90%) IWD(88%) IWO(88%) IWM(85%) XLF(84%) |
Factors Impacting VFMO price | VFMO will decline at least -0.54% in a week (0% probabilities). UUP(-36%) VIXM(-33%) VXX(-31%) BNDX(-24%) SHY(-3%) |
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 | -0.54% (StdDev 1.08%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0.5% |
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