| REMX latest price $87.6200 (-0.95%) ($85.2900 - $88.0200) on Fri. Jan. 13, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.97% (three month average) |
RSI | 73 |
Latest Price | $87.6200(-0.95%) |
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 6.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock 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%) VWO(68%) |
Factors Impacting REMX price | REMX will decline at least -1.485% in a week (0% probabilities). VIXM(-42%) UUP(-35%) VXX(-20%) TBT(-13%) SHY(-2%) |
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 | 0.9 () |
Intraday Trend | 1.8% |
| |
|
|