| REMX latest price $62.5600 (1.94%) ($61.8400 - $62.7500) on Wed. Dec. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.81% (three month average) |
RSI | 74 |
Latest Price | $62.5600(1.94%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | REMX advances 1.7% a day on average for past five trading days. |
Weekly Trend | REMX advances 3.4% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support REMX advance at 0% a week (0% probability) LIT(85%) DRIV(70%) IDRV(69%) EEM(66%) IWM(62%) |
Factors Impacting REMX price | REMX will decline at least -0.905% in a week (0% probabilities). VIXM(-35%) UUP(-29%) VXX(-16%) TLT(-2%) EDOC(-2%) |
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 | -0.905% (StdDev 1.81%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0.9% |
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