| REMX latest price $109.7100 (-1.06%) ($109.0300 - $109.9910) on Thu. Aug. 5, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.39% (three month average) |
RSI | 69 |
Latest Price | $109.7100(-1.06%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | REMX advances 0.4% a day on average for past five trading days. |
Weekly Trend | REMX advances 5.3% a week on average for past two weeks. |
Market Behavior | Broad based 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(87%) IDRV(72%) DRIV(71%) EEM(70%) IWM(65%) |
Factors Impacting REMX price | REMX will decline at least -1.195% 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 | -1.195% (StdDev 2.39%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0.2% |
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