| FEX latest price $43.1946 (1.25%) ($42.8027 - $43.2139) on Tue. May. 10, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.87% (three month average) |
RSI | 43 |
Latest Price | $43.1946(1.25%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | FEX advances 0.2% a day on average for past five trading days. |
Weekly Trend | FEX declines -0.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support FEX advance at 0% a week (0% probability) QQQ(22%) IVW(21%) IYT(21%) SPY(21%) XLV(21%) |
Factors Impacting FEX price | FEX will decline at least -0.435% in a week (0% probabilities). VIXM(-22%) SHY(-12%) TLT(-11%) GLD(-6%) GDX(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.435% (StdDev 0.87%) |
Hourly BBV | 0 () |
Intraday Trend | 0.7% |
| |
|
|