| REI latest price $14.1200 (-0.21%) ($13.9300 - $14.6100) on Tue. Jul. 10, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.34% (three month average) |
RSI | 69 |
Latest Price | $14.1200(-0.21%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | REI advances 2.1% a day on average for past five trading days. |
Weekly Trend | REI advances 4.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support REI advance at 0% a week (0% probability) XOP(33%) DIA(29%) XLE(29%) OIH(28%) LIT(27%) |
Factors Impacting REI price | REI will decline at least -1.67% in a week (0% probabilities). VIXM(-19%) SHY(-12%) VCIT(-10%) VXX(-9%) VCSH(-9%) |
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 | -1.67% (StdDev 3.34%) |
Hourly BBV | 0 () |
Intraday Trend | -0.5% |
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