| REI latest price $12.1400 (2.1%) ($11.7824 - $12.2800) on Fri. Aug. 10, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.03% (three month average) |
RSI | 35 |
Latest Price | $12.1400(2.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | REI advances 0.5% a day on average for past five trading days. |
Weekly Trend | REI declines -4.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support REI advance at 0% a week (0% probability) XOP(31%) DIA(29%) URA(28%) XLE(28%) OIH(27%) |
Factors Impacting REI price | REI will decline at least -1.515% in a week (0% probabilities). VIXM(-17%) SHY(-12%) VCIT(-11%) VCSH(-10%) 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 | -1.515% (StdDev 3.03%) |
Hourly BBV | 0 () |
Intraday Trend | 1.8% |
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