| REI latest price $6.2100 (4.19%) ($5.9100 - $6.2500) on Mon. Mar. 18, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.81% (three month average) |
RSI | 52 |
Latest Price | $6.2100(4.19%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | REI advances 1% a day on average for past five trading days. |
Weekly Trend | REI declines -1.5% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support REI advance at 0% a week (0% probability) USO(41%) IBB(35%) TLT(45%) PEJ(33%) BND(60%) |
Factors Impacting REI price | REI will decline at least -1.905% in a week (0% probabilities). JETS(-14%) TBT(-21%) VIXM(-26%) EWG(-6%) KWEB(2%) |
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 | -1.905% (StdDev 3.81%) |
Hourly BBV | 0 () |
Intraday Trend | 5.1% |
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