| CEMI latest price $8.5000 (-5.03%) ($8.2100 - $8.7300) on Thu. Jun. 11, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 10.82% (three month average) |
RSI | 38 |
Latest Price | $8.5000(-5.03%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CEMI advances 0.4% a day on average for past five trading days. |
Weekly Trend | CEMI declines -7.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support CEMI advance at 0% a week (0% probability) BNDX(68%) PCY(50%) VCIT(50%) VCSH(48%) CEMB(46%) |
Factors Impacting CEMI price | CEMI will decline at least -5.41% in a week (0% probabilities). URA(-34%) TBT(-31%) XME(-24%) VXX(-23%) UUP(-19%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -5.41% (StdDev 10.82%) |
Hourly BBV | 0 () |
Intraday Trend | -1.8% |
| |
|
|