| REMX latest price $41.8900 (2.35%) ($41.0200 - $41.9300) on Tue. Aug. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.23% (three month average) |
RSI | 64 |
Latest Price | $41.8900(2.35%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | REMX advances 0.3% a day on average for past five trading days. |
Weekly Trend | REMX advances 1.8% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock 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(62%) IWO(62%) |
Factors Impacting REMX price | REMX will decline at least -1.115% in a week (0% probabilities). VIXM(-36%) UUP(-30%) VXX(-17%) IGOV(-6%) TLT(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.115% (StdDev 2.23%) |
Hourly BBV | 1.7 () |
Intraday Trend | 1.3% |
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