| REMX latest price $88.4600 (2.65%) ($85.9100 - $88.4900) on Thu. Jan. 12, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.97% (three month average) |
RSI | 64 |
Latest Price | $88.4600(2.65%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | REMX advances 2.5% a day on average for past five trading days. |
Weekly Trend | REMX advances 5.2% a week on average for past two weeks. |
Market Behavior | Value stock 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(75%) XME(70%) EEM(68%) VT(67%) |
Factors Impacting REMX price | REMX will decline at least -1.485% in a week (0% probabilities). VIXM(-42%) UUP(-36%) VXX(-20%) TBT(-12%) SHY(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.485% (StdDev 2.97%) |
Hourly BBV | 1.5 () |
Intraday Trend | 1% |
| |
|
|