| FEX latest price $74.3800 (1.42%) ($74.3800 - $74.3800) on Wed. Jan. 6, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.02% (three month average) |
RSI | 69 |
Latest Price | $74.3800(1.42%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | FEX advances 25.4% a day on average for past five trading days. |
Weekly Trend | FEX advances 0.6% 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) REMX(10%) BOTZ(9%) FIVG(9%) XLE(9%) XLI(9%) |
Factors Impacting FEX price | FEX will decline at least -0.51% in a week (0% probabilities). SHY(-7%) VCSH(-6%) BNDX(-6%) VCIT(-5%) XLP(-4%) |
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 | -0.51% (StdDev 1.02%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0% |
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