| REMX latest price $86.0000 (1.24%) ($85.6100 - $87.5300) on Tue. Jul. 6, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.85% (three month average) |
RSI | 62 |
Latest Price | $86.0000(1.24%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | REMX advances 0.7% a day on average for past five trading days. |
Weekly Trend | REMX advances 3% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth 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(87%) DRIV(71%) IDRV(71%) EEM(68%) IWM(64%) |
Factors Impacting REMX price | REMX will decline at least -0.925% in a week (0% probabilities). VIXM(-37%) UUP(-29%) VXX(-15%) IGOV(-6%) TLT(-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 | -0.925% (StdDev 1.85%) |
Hourly BBV | 1 () |
Intraday Trend | -1.1% |
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