We Analyzed VictoryShares US Multi-Factor Minimum Volatility ETF ($VSMV) – Here’s What We Found (2019-11-06)

REPORTING FOR 2019-11-06 | 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 32.0414, reaching a high of 32.11 and a low of 32.0301 before closing at a price of 32.06. There was a total volume of 5450.

VOLUME INDICATORS FOR VICTORYSHARES US MULTI-FACTOR MINIMUM VOLATILITY ETF ($VSMV): We saw an accumulation-distribution index of 310.07446, an on-balance volume of -31.95, chaikin money flow of 1.32945 and a force index of 0.00538. There was an ease of movement rating of -0.00025, a volume-price trend of 0.63927 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 0.1513, bolinger bands of 32.10836, an upper bollinger band of 31.86624, lower bollinger band of 32.0301, a bollinger high band indicator of nan, bollinger low band indicator of 1.0, a central keltner channel of 32.0605, high band keltner channel of 31.9919, low band keltner channel of 32.1291, 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 32.0301, a donchian channel low band of 32.0301, 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 -0.00192, a MACD signal of -0.00107, a MACD difference of -0.00085, a fast Exponential Moving Average (EMA) indicator of 32.0301, a slow Exponential Moving Average (EMA) indicator of 32.0301, 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 0.09763, a trix of 1.45269, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -0.63113, a KST Oscillator (KST) of 20.10024 and a KST Oscillator (KST Signal) of 20.10024 (leaving a KST difference of -0.68155). We also found an Ichimoku rating of 32.0757, an Ichimoku B rating of 32.0757, a Ichimoku visual trend A of 31.57132, an Ichimoku visual trend B of 31.64559, 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 98.24105, a stochastic oscillator of 116.4723, a stochastic oscillator signal of 116.4723, a Williams %R rating of 16.4723 and an awesome oscillator of 0.01342.

RETURNS FOR VICTORYSHARES US MULTI-FACTOR MINIMUM VOLATILITY ETF ($VSMV): There was a daily return of 2.01002, a daily log return of -0.26761 and a cumulative return of -0.26725.

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 2019-11-06 (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.

Latest posts by Gary Ivenchuck (see all)

    Leave a Reply

    Your email address will not be published. Required fields are marked *