VictoryShares US Multi-Factor Minimum ETF Forecast

$45.24
+0.0859 (+0.190%)
At Close: Mar 28, 2024
RSI low/high Values: [ 25 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of VSMV
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Green day on Thursday for VictoryShares US Multi-Factor Minimum
(Updated on Mar 28, 2024)

Buy or Hold candidate since Nov 10, 2023 Gain 12.34% PDF

The VictoryShares US Multi-Factor Minimum ETF price gained 0.190% on the last trading day (Thursday, 28th Mar 2024), rising from $45.15 to $45.24. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the ETF fluctuated 0.177% from a day low at $45.23 to a day high of $45.31. The price has risen in 6 of the last 10 days and is up by 1.09% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 103 more shares were traded than the day before. In total, 3 thousand shares were bought and sold for approximately $153.18 thousand.

The ETF lies in the middle of a narrow and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the ETF is expected to rise 7.48% during the next 3 months and, with a 90% probability hold a price between $48.25 and $48.84 at the end of this 3-month period.

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VSMV Signals & Forecast

The VictoryShares US Multi-Factor Minimum ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $44.90 and $44.27. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, January 31, 2024, and so far it has risen 5.65%. Further rise is indicated until a new top pivot has been found. VictoryShares US Multi-Factor Minimum has increased 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. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for VictoryShares US Multi-Factor Minimum ETF

VictoryShares US Multi-Factor Minimum finds support from accumulated volume at $44.42 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the ETF tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the ETF moved $0.0800 between high and low, or 0.177%. For the last week the ETF has had daily average volatility of 0.274%.

Our recommended stop-loss: $43.61 (-3.60%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 40 days ago.)

Trading Expectations (VSMV) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect VictoryShares US Multi-Factor Minimum Volatility ETF to open at $45.26, and during the day (based on 14 day Average True Range), to move between $45.01 and $45.47, which gives a possible trading interval of +/-$0.229 (+/-0.51%) up or down from last closing price. If VictoryShares US Multi-Factor Minimum Volatility ETF takes out the full calculated possible swing range there will be an estimated 1.01% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $44.42, some $0.82 (1.81%) from the current price of $45.24, our system finds the risk reward attractive.

Is VictoryShares US Multi-Factor Minimum Volatility ETF ETF A Buy?

VictoryShares US Multi-Factor Minimum holds several positive signals and is within a weak rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.

Current score: 5.194 Strong Buy Candidate Unchanged

Predicted Opening Price for VictoryShares US Multi-Factor Minimum Volatility ETF of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$45.26 ( 0.0442%) $45.24

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for VSMV

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 45.34 0.221 %
R2 45.31 0.153 %
R1 45.29 0.112 %
Current price: 45.24
Support S1 45.23 -0.0233 %
S2 45.21 -0.0651 %
S3 45.18 -0.133 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 45.24
Support S1 44.42 -1.81%
S2 44.09 -2.54%
S3 42.18 -6.76%

VSMV Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 11, 2024 Mar 11, 2024 Mar 13, 2024 $0.104 0.232%
2 Feb 08, 2024 Feb 09, 2024 Feb 13, 2024 $0.0183 0.0421%
3 Jan 10, 2024 Jan 11, 2024 Jan 16, 2024 $0.0180 0.0427%
4 Dec 15, 2023 Dec 18, 2023 Dec 20, 2023 $0.141 0.340%
5 Nov 07, 2023 Nov 08, 2023 Nov 10, 2023 $0.0210 0.0521%

FAQ

What is the symbol for VictoryShares US Multi-Factor Minimum Volatility ETF ETF and on which exchange is it traded?
The symbol for VictoryShares US Multi-Factor Minimum Volatility ETF is VSMV and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell VictoryShares US Multi-Factor Minimum Volatility ETF ETF?
VictoryShares US Multi-Factor Minimum holds several positive signals and is within a weak rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.

How to buy VictoryShares US Multi-Factor Minimum Volatility ETF ETF?
VictoryShares US Multi-Factor Minimum Volatility ETF ETF can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy VictoryShares US Multi-Factor Minimum Volatility ETF ETF.

What's the current price of VictoryShares US Multi-Factor Minimum Volatility ETF ETF?
As of the end of day on the 2024-03-28, the price of an VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV) share was $45.24.

What is the 52-week high and low for VictoryShares US Multi-Factor Minimum Volatility ETF ETF?
The 52-week high for VictoryShares US Multi-Factor Minimum Volatility ETF ETF is $45.31 and the 52-week low is $37.98.

What is the market capitalization of VictoryShares US Multi-Factor Minimum Volatility ETF ETF?
As of the 2024-03-28, the market capitalization of VictoryShares US Multi-Factor Minimum Volatility ETF is 138.847M.
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