| REMX latest price $110.8900 (4.71%) ($110.1400 - $111.5000) on Wed. Aug. 4, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.4% (three month average) |
RSI | 65 |
Latest Price | $110.8900(4.71%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | REMX advances 1.5% a day on average for past five trading days. |
Weekly Trend | REMX advances 5.7% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off 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%) IDRV(72%) DRIV(71%) EEM(70%) IWM(65%) |
Factors Impacting REMX price | REMX will decline at least -1.2% in a week (0% probabilities). VIXM(-37%) UUP(-29%) VXX(-15%) TLT(-1%) TBT(0%) |
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 | -1.2% (StdDev 2.4%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0.7% |
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