| REI latest price $5.6800 (0.35%) ($5.6550 - $5.7850) on Wed. Apr. 10, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.89% (three month average) |
RSI | 40 |
Latest Price | $5.6800(0.35%) |
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 -1.5% 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) USO(53%) VWO(36%) XBI(94%) TBT(32%) TIP(1%) |
Factors Impacting REI price | REI will decline at least -1.445% in a week (0% probabilities). JETS(-6%) KWEB(3%) LQD(-4%) EEM(26%) EWY(370%) |
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 | -1.445% (StdDev 2.89%) |
Hourly BBV | 0 () |
Intraday Trend | -0.7% |
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