| REMX latest price $64.6600 (3.99%) ($63.1500 - $64.9050) on Wed. Dec. 30, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2% (three month average) |
RSI | 72 |
Latest Price | $64.6600(3.99%) |
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 5.5% a week on average for past two weeks. |
Market Behavior | Value stock 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(85%) DRIV(70%) IDRV(69%) EEM(66%) IWM(62%) |
Factors Impacting REMX price | REMX will decline at least -1% in a week (0% probabilities). VIXM(-36%) UUP(-29%) VXX(-16%) TLT(-2%) IGOV(-1%) |
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% (StdDev 2%) |
Hourly BBV | 0.5 () |
Intraday Trend | 2.4% |
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