| VYM latest price $105.2700 (0.57%) ($104.8150 - $105.3900) on Fri. Nov. 17, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.75% (three month average) |
RSI | 75 |
Latest Price | $105.2700(0.57%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | VYM advances 0.5% a day on average for past five trading days. |
Weekly Trend | VYM advances 1.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support VYM advance at 0% a week (0% probability) IWD(96%) IVE(93%) DIA(92%) XLI(92%) SPY(91%) |
Factors Impacting VYM price | VYM will decline at least -0.375% in a week (0% probabilities). VXX(-47%) VIXM(-25%) TBT(-18%) UUP(-9%) BNDX(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.375% (StdDev 0.75%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0.2% |
| |
|
|