| REMX latest price $66.4200 (3.1%) ($64.7000 - $66.8400) on Thu. Sep. 28, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.59% (three month average) |
RSI | 36 |
Latest Price | $66.4200(3.1%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | REMX advances 0.1% a day on average for past five trading days. |
Weekly Trend | REMX declines -4% 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(93%) IDRV(80%) XME(74%) XRT(74%) IWM(72%) |
Factors Impacting REMX price | REMX will decline at least -0.795% in a week (0% probabilities). VXX(-36%) VIXM(-33%) UUP(-29%) TBT(-24%) BNDX(5%) |
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 | -0.795% (StdDev 1.59%) |
Hourly BBV | 1.6 () |
Intraday Trend | 2.7% |
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