VSMV Forecast and Technical Stock Analysis
Hold candidate since 2019-08-20 Gain 0.42%
VictoryShares US Multi-Factor Minimum Volatility ETF gained 0.42% in the last trading day ( Wednesday, 21st Aug 2019 ), rising from $31.12 to $31.25 During the day the stock fluctuated 0.17% from a day low at $31.25 to a day high of $31.30. The price has risen in 6 of the last 10 days and is up by 1.47% over the past 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 2 835 more shares were traded than the day before. In total, 4 462 shares bought and sold for approximately $139 438.00.
- 30 day high of the VSMV stock price was $31.79 and low was $30.06.
- 90 day high was $31.84 and low was $29.27.
- 52 week high for VictoryShares US Multi-Factor Minimum Volatility ETF - $31.84 and low - $25.25.
VictoryShares US Multi-Factor Minimum Volatility ETF lies in the middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 4.15% during the next 3 months and, with 90% probability hold a price between $31.69 and $33.69 at the end of this period.
VictoryShares US Multi-Factor Minimum Volatility ETF has rising volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. VictoryShares US Multi-Factor Minimum Volatility ETF holds a buy signal from the short-term moving average; at the same time, however, a sales signal from the long-term average. Since the longterm average is above the short-term average there is a general sales signal in the stock. On further gains, the stock will meet resistance from the long-term moving average at $31.28. On a fall, the stock will find some support from the short-term average at $31.01. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sales signal and strengthen the general signal. A sales signal was issued from a pivot top point on Monday August 19, 2019, which indicates further falls until a new bottom pivot has been found.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 80 ]
RSI14 is 50 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
VictoryShares US Multi-Factor Minimum Volatility ETF finds support from accumulated volume at $30.92.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.05 (0.17%) between high and low. For the last week, the stock has had daily average volatility of 0.44%.
Our recommended stop-loss: $29.91 (-4.28%) (This stock has low daily movements and this gives low risk. There is a sell signal from pivot top found 2 day(s) ago.)
0.44 %Average volatility
Very Low Low Medium High Very High
VictoryShares US Multi-Factor Minimum Volatility ETF holds several positive signals, but we still don't find these to be enough for a buy-recommendation. At the current level, we recommend to hold or accumulate in this position whilst awaiting further development.
Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!