VYM in upward trend: 10-day moving average crossed above 50-day moving average on November 16, 2023
The 10-day moving average for VYM crossed bullishly above the 50-day moving average on November 16, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 19 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 02, 2023. You may want to consider a long position or call options on VYM as a result. In of 80 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for VYM just turned positive on November 01, 2023. Looking at past instances where VYM's MACD turned positive, the stock continued to rise in of 48 cases over the following month. The odds of a continued upward trend are .
VYM moved above its 50-day moving average on November 14, 2023 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where VYM advanced for three days, in of 352 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 302 cases where VYM Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for VYM moved out of overbought territory on December 05, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 38 similar instances where the indicator moved out of overbought territory. In of the 38 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 57 cases where VYM's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where VYM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
VYM broke above its upper Bollinger Band on December 01, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Fundamental Analysis (Ratings)
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category LargeValue
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| QMOM | 47.90 | 0.60 | +1.27% |
| Alpha Architect US Quantitative Momt ETF | |||
| PEXL | 43.21 | 0.20 | +0.48% |
| Pacer US Export Leaders ETF | |||
| APRZ | 29.69 | 0.13 | +0.43% |
| TrueShares Structured Outcome April ETF | |||
| REET | 22.89 | -0.01 | -0.04% |
| iShares Global REIT ETF | |||
| FRA | 12.13 | -0.08 | -0.66% |
| Blackrock Floating Rate Income Strategies Fund | |||
VYM and
Correlation & Price change
A.I.dvisor indicates that over the last year, VYM has been closely correlated with VTV. These tickers have moved in lockstep 98% of the time. This A.I.-generated data suggests there is a high statistical probability that if VYM jumps, then VTV could also see price increases.
| Ticker / NAME | Correlation To VYM | 1D Price Change % | ||
|---|---|---|---|---|
| VYM | 100% | +0.25% | ||
| VTV - VYM | 98% Closely correlated | +0.40% | ||
| SCHV - VYM | 98% Closely correlated | +0.27% | ||
| STXV - VYM | 97% Closely correlated | +0.49% | ||
| MGV - VYM | 97% Closely correlated | +0.35% | ||
| DLN - VYM | 97% Closely correlated | +0.34% | ||
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