Friday at a glance: a bright session dominated by bullish sentiment helped VLUE to close 59 cents higher, while setting a $93.39 to $94.07 session range.
IShares MSCI USA Value Factor ETF could be slowing down soon as it approaches resistance at $94.11. Of course, crossing it might suggest further gains are ahead. IShares MSCI USA Value Factor ETF's upper Bollinger Band® is at $94.71, this is a slight indication of a slowdown.
Despite basking in an uptrend and bullish intraday sentiment, chart analysis indicates iShares MSCI USA Value Factor ETF is set for a reversal in the coming days.
Other markets are also showing gains as Novo Nordisk went up by 3.06% Friday, and closed at $161.83. Walmart rallies 1.88% Friday and closed at $154.28.
At the same time, Nike lost 2.65% Friday and closed at $113.37.
Furthermore, the market is looking at United States ISM Manufacturing PMI (Jun) is expected tomorrow at 14:00 UTC.
IShares MSCI USA Value Factor ETF has fallen back around 6.37% over the past 4 months, from a notable high of $99.54.