| REMX latest price $57.2000 (-1.38%) ($57.1900 - $58.8500) on Wed. Nov. 8, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.73% (three month average) |
RSI | 46 |
Latest Price | $57.2000(-1.38%) |
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 advances 0.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support REMX advance at 0% a week (0% probability) LIT(93%) XRT(79%) IDRV(77%) ARKG(76%) DRIV(75%) |
Factors Impacting REMX price | REMX will decline at least -0.865% in a week (0% probabilities). UUP(-32%) TBT(-12%) VXX(-5%) VIXM(-3%) BNDX(-1%) |
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 | -0.865% (StdDev 1.73%) |
Hourly BBV | -1.3 () |
Intraday Trend | -1.1% |
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