VictoryShares US Multi-Factor Minimum Volatility ETF ($VSMV): About To Explode? (2019-10-21)

REPORTING FOR 2019-10-21 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how VSMV has been trading over the last 2 weeks and the past day especially. On its latest session, VictoryShares US Multi-Factor Minimum Volatility ETF ($VSMV) opened at 31.8608, reaching a high of 31.92 and a low of 31.81 before closing at a price of 31.91. There was a total volume of 23661.

VOLUME INDICATORS FOR VICTORYSHARES US MULTI-FACTOR MINIMUM VOLATILITY ETF ($VSMV): We saw an accumulation-distribution index of 158.19292, an on-balance volume of 32.06, chaikin money flow of 2.71622 and a force index of 0.00427. There was an ease of movement rating of -0.00042, a volume-price trend of 0.61705 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR VICTORYSHARES US MULTI-FACTOR MINIMUM VOLATILITY ETF ($VSMV): We noted an average true range of 0.15733, bolinger bands of 31.88657, an upper bollinger band of 31.77343, lower bollinger band of 31.81, a bollinger high band indicator of nan, bollinger low band indicator of 1.0, a central keltner channel of 31.8636, high band keltner channel of 31.8044, low band keltner channel of 31.9228, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 31.81, a donchian channel low band of 31.81, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR VICTORYSHARES US MULTI-FACTOR MINIMUM VOLATILITY ETF ($VSMV): We calculated a Moving Average Convergence Divergence (MACD) of 0.0009, a MACD signal of 0.0005, a MACD difference of 0.0004, a fast Exponential Moving Average (EMA) indicator of 31.81, a slow Exponential Moving Average (EMA) indicator of 31.81, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.1121, a trix of 1.19276, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -0.6185, a KST Oscillator (KST) of 19.82899 and a KST Oscillator (KST Signal) of 19.82899 (leaving a KST difference of 0.3206). We also found an Ichimoku rating of 31.8904, an Ichimoku B rating of 31.8904, a Ichimoku visual trend A of 31.40311, an Ichimoku visual trend B of 31.45411, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.

MOMENTUM INDICATORS FOR VICTORYSHARES US MULTI-FACTOR MINIMUM VOLATILITY ETF ($VSMV): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 92.40994, a stochastic oscillator of 185.81081, a stochastic oscillator signal of 185.81081, a Williams %R rating of 85.81081 and an awesome oscillator of 0.01225.

RETURNS FOR VICTORYSHARES US MULTI-FACTOR MINIMUM VOLATILITY ETF ($VSMV): There was a daily return of 1.9829, a daily log return of 0.12567 and a cumulative return of 0.12575.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-10-21 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for VictoryShares US Multi-Factor Minimum Volatility ETF ($VSMV)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling VictoryShares US Multi-Factor Minimum Volatility ETF ($VSMV) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

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