| FEX latest price $82.7600 (0.52%) ($82.7600 - $82.7600) on Wed. May. 18, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.53% (three month average) |
RSI | 41 |
Latest Price | $82.7600(0.52%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | FEX advances 0.5% a day on average for past five trading days. |
Weekly Trend | FEX declines -1.8% 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 FEX advance at 0% a week (0% probability) XBI(16%) TAN(15%) OIH(14%) ICLN(13%) LIT(13%) |
Factors Impacting FEX price | FEX will decline at least -0.765% in a week (0% probabilities). SHY(-14%) BNDX(-12%) XHB(-10%) UNG(-9%) PAVE(-8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.765% (StdDev 1.53%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
| |
|
|