| REMX latest price $41.0900 (1.13%) ($40.2800 - $41.1600) on Thu. Sep. 17, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.85% (three month average) |
RSI | 49 |
Latest Price | $41.0900(1.13%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | REMX advances 0.9% a day on average for past five trading days. |
Weekly Trend | REMX declines -1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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(84%) IDRV(70%) EEM(66%) IWM(63%) IWO(62%) |
Factors Impacting REMX price | REMX will decline at least -0.925% in a week (0% probabilities). VIXM(-36%) UUP(-30%) VXX(-17%) IGOV(-7%) EDOC(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.925% (StdDev 1.85%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1.5% |
| |
|
|