| REI latest price $5.8800 (0%) ($5.8400 - $6.0900) on Fri. Feb. 1, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.43% (three month average) |
RSI | 42 |
Latest Price | $5.8800(0%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | REI advances 0.4% a day on average for past five trading days. |
Weekly Trend | REI declines -2.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support REI advance at 0% a week (0% probability) XOP(83%) XLC(80%) XLF(73%) XBI(40%) SIL(29%) |
Factors Impacting REI price | REI will decline at least -2.215% in a week (0% probabilities). IGOV(3%) BNDX(-59%) BND(-3%) LQD(7%) CEMB(11%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -2.215% (StdDev 4.43%) |
Hourly BBV | 0 () |
Intraday Trend | -1% |
| |
|
|