| REMX latest price $64.6400 (3.31%) ($63.2800 - $64.7200) on Tue. Oct. 10, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.65% (three month average) |
RSI | 38 |
Latest Price | $64.6400(3.31%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | REMX advances 0.8% a day on average for past five trading days. |
Weekly Trend | REMX declines -3.1% 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(92%) IDRV(79%) ACES(74%) XRT(74%) XME(73%) |
Factors Impacting REMX price | REMX will decline at least -0.825% in a week (0% probabilities). VXX(-30%) VIXM(-27%) UUP(-27%) TBT(-20%) EDOC(-15%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.825% (StdDev 1.65%) |
Hourly BBV | 0 () |
Intraday Trend | 2.1% |
| |
|
|