| REMX latest price $95.3100 (-2.08%) ($95.1000 - $97.2900) on Wed. Jul. 14, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.11% (three month average) |
RSI | 78 |
Latest Price | $95.3100(-2.08%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | REMX advances 1.2% a day on average for past five trading days. |
Weekly Trend | REMX advances 7.8% a week on average for past two weeks. |
Market Behavior | Growth stock rally 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(69%) IWM(65%) |
Factors Impacting REMX price | REMX will decline at least -1.055% 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 | -1.055% (StdDev 2.11%) |
Hourly BBV | -1.6 () |
Intraday Trend | -1.2% |
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