| CEMI latest price $5.2650 (-3.92%) ($5.2550 - $5.2650) on Wed. Dec. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.25% (three month average) |
RSI | 22 |
Latest Price | $5.2650(-3.92%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CEMI advances 0.6% a day on average for past five trading days. |
Weekly Trend | CEMI declines -9.4% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support CEMI advance at 0% a week (0% probability) VIXM(71%) VXX(35%) OIH(1%) EWY(-5%) EDOC(12%) |
Factors Impacting CEMI price | CEMI will decline at least -2.625% in a week (0% probabilities). XLK(-92%) QQQ(-81%) JNK(-77%) IVE(-67%) IVW(-62%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | |
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Market Trend Strength | -2.625% (StdDev 5.25%) |
Hourly BBV | 0.1 () |
Intraday Trend | 0% |
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