(Vanguard U.S. Momentum Factor ETF)
| VFMO latest price $128.8800 (-1.87%) ($128.8800 - $131.8990) on Wed. Dec. 20, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.12% (three month average) |
RSI | 78 |
Latest Price | $128.8800(-1.87%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | VFMO advances 0.2% a day on average for past five trading days. |
Weekly Trend | VFMO advances 3.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support VFMO advance at 0% a week (0% probability) IWD(94%) IBB(91%) XLF(91%) EWI(90%) IWO(89%) |
Factors Impacting VFMO price | VFMO will decline at least -0.56% in a week (0% probabilities). VXX(-51%) UUP(-42%) VIXM(-33%) BNDX(-21%) TBT(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 | -0.56% (StdDev 1.12%) |
Hourly BBV | -1.5 () |
Intraday Trend | -1.8% |
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