Trading Signals: REMX Stock Price Prediction and Forecast

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Thu. Jul. 30, 2020

Trading Signals: REMX Stock Price Prediction and Forecast (Tue. Apr. 1, 2003 - Fri. Dec. 22, 2023)

(VanEck Vectors Rare Earth/Strategic Metals ETF)
REMX latest price $40.3900 (-2.06%) ($40.1000 - $40.8500) on Thu. Jul. 30, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.31% (three month average)
RSI   60
Latest Price   $40.3900(-2.06%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   REMX declines -0.2% a day on average for past five trading days.
Weekly Trend   REMX advances 2% a week on average for past two weeks.
Market Behavior   Value stocks sell-off for large cap. Value stock sell-off for small cap.
Correlated ETFs   Broad market will support REMX advance at 0% a week (0% probability)
LIT(84%)    IDRV(69%)    EEM(66%)    IWM(63%)    IWO(62%)
Factors Impacting REMX price   REMX will decline at least -1.155% in a week (0% probabilities).
VIXM(-36%)    UUP(-30%)    VXX(-17%)    TLT(-3%)    EDOC(-2%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.155% (StdDev 2.31%)
Hourly BBV 0 ()
Intraday Trend -0.9%

5 Day Moving Average   $40.78(-0.96%)
10 Day Moving Average   $40.49(-0.25%)
20 Day Moving Average   $39.54(2.15%)
To recent high   -2.2%
To recent low   35.1%
Market Cap   $N/A

$. REMX price fluctuates within 3.67% (three month std-dev: 2.31%) daily (68% of days).

Sample size 6 Average positive next day return: 1.61%(17%) Average negative next day return: -0.69%(83%) Sample size 6 Average positive next three day return: 1.87%(83%) Average negative next three day return: -0.11%(17%) Sample size 6 Average positive next weekly return: 5.52%(83%) Average negative next weekly return: -0.27%(17%)

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