| REMX latest price $38.0500 (4.3%) ($36.8400 - $38.2500) on Fri. Jun. 5, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.55% (three month average) |
RSI | 86 |
Latest Price | $38.0500(4.3%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | REMX advances 2.4% a day on average for past five trading days. |
Weekly Trend | REMX advances 5.9% 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 REMX advance at 0% a week (0% probability) LIT(84%) IDRV(69%) EEM(67%) IWM(62%) IWO(61%) |
Factors Impacting REMX price | REMX will decline at least -2.275% in a week (0% probabilities). VIXM(-36%) UUP(-31%) VXX(-18%) TLT(-5%) TBT(4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.275% (StdDev 4.55%) |
Hourly BBV | 0 () |
Intraday Trend | -0.1% |
| |
|
|