| REMX latest price $39.6800 (-0.85%) ($39.0000 - $39.9800) on Tue. Jul. 14, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.36% (three month average) |
RSI | 78 |
Latest Price | $39.6800(-0.85%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | REMX advances 1% a day on average for past five trading days. |
Weekly Trend | REMX advances 7.4% 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(66%) IWM(61%) IWO(61%) |
Factors Impacting REMX price | REMX will decline at least -1.18% in a week (0% probabilities). VIXM(-35%) UUP(-31%) VXX(-17%) TLT(-3%) TBT(2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.18% (StdDev 2.36%) |
Hourly BBV | 0 () |
Intraday Trend | 0.6% |
| |
|
|