| REMX latest price $65.7000 (1.44%) ($65.0100 - $66.1500) on Wed. Aug. 2, 2017. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.2% (three month average) |
RSI | 92 |
Latest Price | $65.7000(1.44%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | REMX advances 1.2% a day on average for past five trading days. |
Weekly Trend | REMX advances 4.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support REMX advance at 0% a week (0% probability) LIT(80%) EEM(68%) IWM(63%) IWO(63%) VT(63%) |
Factors Impacting REMX price | REMX will decline at least -0.6% in a week (0% probabilities). TLT(-19%) VIXM(-16%) UUP(-13%) GDXJ(-6%) IPO(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.6% (StdDev 1.2%) |
Hourly BBV | 0 () |
Intraday Trend | -0.4% |
| |
|
|