| REI latest price $13.0400 (-2.03%) ($13.0100 - $13.3500) on Mon. Jul. 23, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.16% (three month average) |
RSI | 58 |
Latest Price | $13.0400(-2.03%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | REI advances 0.3% a day on average for past five trading days. |
Weekly Trend | REI declines -0.4% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support REI advance at 0% a week (0% probability) XOP(32%) DIA(29%) URA(28%) XLE(28%) LIT(27%) |
Factors Impacting REI price | REI will decline at least -1.58% in a week (0% probabilities). VIXM(-17%) SHY(-12%) VCIT(-10%) VCSH(-9%) UNG(-8%) |
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 | -1.58% (StdDev 3.16%) |
Hourly BBV | 0 () |
Intraday Trend | -1.8% |
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