| FEX latest price $64.7600 (3.68%) ($64.2500 - $64.9300) on Wed. Sep. 16, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.22% (three month average) |
RSI | 52 |
Latest Price | $64.7600(3.68%) |
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 -0.7% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support FEX advance at 0% a week (0% probability) VIXM(9%) DRIV(8%) XME(8%) OIH(7%) VXX(7%) |
Factors Impacting FEX price | FEX will decline at least -0.61% in a week (0% probabilities). XLU(-9%) XLK(-7%) XLC(-7%) VUG(-7%) SPLV(-7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.61% (StdDev 1.22%) |
Hourly BBV | -0.5 () |
Intraday Trend | 0% |
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