| REI latest price $7.6200 (2.42%) ($7.4100 - $7.7600) on Mon. Nov. 26, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.15% (three month average) |
RSI | 51 |
Latest Price | $7.6200(2.42%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | REI advances 0.8% a day on average for past five trading days. |
Weekly Trend | REI declines -0.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support REI advance at 0% a week (0% probability) PAVE(20%) XHB(49%) VXX(48%) URA(41%) IFRA(32%) |
Factors Impacting REI price | REI will decline at least -2.075% in a week (0% probabilities). VCIT(-17%) UNG(-14%) PCY(-13%) VCSH(-12%) SMH(-11%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | |
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Market Trend Strength | -2.075% (StdDev 4.15%) |
Hourly BBV | 0 () |
Intraday Trend | 1.3% |
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