VYM sees its Stochastic Oscillator ascends from oversold territory
On December 24, 2024, the Stochastic Oscillator for VYM moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 54 instances where the indicator left the oversold zone. In of the 54 cases the stock moved higher in the following days. This puts the odds of a move higher at over .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for VYM just turned positive on January 14, 2025. Looking at past instances where VYM's MACD turned positive, the stock continued to rise in of 55 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where VYM advanced for three days, in of 348 cases, the price rose further within the following month. The odds of a continued upward trend are .
VYM may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on January 10, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on VYM as a result. In of 82 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent 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 .
The Aroon Indicator for VYM entered a downward trend on January 02, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
General Information
Category LargeValue
VYM and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, VYM has been closely correlated with SCHV. These tickers have moved in lockstep 97% of the time. This A.I.-generated data suggests there is a high statistical probability that if VYM jumps, then SCHV could also see price increases.
| Ticker / NAME | Correlation To VYM | 1D Price Change % | ||
|---|---|---|---|---|
| VYM | 100% | +0.95% | ||
| SCHV - VYM | 97% Closely correlated | +1.23% | ||
| VTV - VYM | 97% Closely correlated | +1.26% | ||
| IWD - VYM | 96% Closely correlated | +1.20% | ||
| DGRO - VYM | 96% Closely correlated | +0.83% | ||
| MGV - VYM | 96% Closely correlated | +1.22% | ||
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