| REMX latest price $59.1100 (0.51%) ($58.4900 - $59.8500) on Mon. Nov. 20, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.94% (three month average) |
RSI | 57 |
Latest Price | $59.1100(0.51%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | REMX advances 1% a day on average for past five trading days. |
Weekly Trend | REMX advances 0.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support REMX advance at 0% a week (0% probability) LIT(95%) XRT(79%) ARKG(78%) DRIV(78%) IDRV(77%) |
Factors Impacting REMX price | REMX will decline at least -0.97% in a week (0% probabilities). UUP(-29%) VXX(-17%) VIXM(-13%) TBT(-7%) BNDX(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.97% (StdDev 1.94%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0.1% |
| |
|
|