| REMX latest price $119.7200 (1.98%) ($118.6500 - $121.6300) on Mon. Nov. 22, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.52% (three month average) |
RSI | 60 |
Latest Price | $119.7200(1.98%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | REMX advances 0.3% a day on average for past five trading days. |
Weekly Trend | REMX declines -0.7% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Rotation from growth to value for small cap. |
Correlated ETFs | Broad market will support REMX advance at 0% a week (0% probability) LIT(87%) IDRV(74%) DRIV(72%) EEM(71%) IWM(68%) |
Factors Impacting REMX price | REMX will decline at least -1.26% in a week (0% probabilities). VIXM(-36%) UUP(-30%) VXX(-14%) TBT(-1%) IGOV(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.26% (StdDev 2.52%) |
Hourly BBV | 1.3 () |
Intraday Trend | -0.9% |
| |
|
|