| REMX latest price $82.8000 (1.95%) ($82.0000 - $83.7200) on Mon. Jan. 25, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.5% (three month average) |
RSI | 73 |
Latest Price | $82.8000(1.95%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | REMX advances 2.7% a day on average for past five trading days. |
Weekly Trend | REMX advances 4.5% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support REMX advance at 0% a week (0% probability) LIT(85%) DRIV(70%) IDRV(70%) EEM(67%) IWM(63%) |
Factors Impacting REMX price | REMX will decline at least -1.25% in a week (0% probabilities). VIXM(-35%) UUP(-30%) VXX(-17%) 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 | -1.25% (StdDev 2.5%) |
Hourly BBV | 0.7 () |
Intraday Trend | -0.2% |
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