| REMX latest price $59.3000 (0.64%) ($58.9600 - $60.0000) on Mon. Dec. 18, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.2% (three month average) |
RSI | 56 |
Latest Price | $59.3000(0.64%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | REMX advances 1.1% a day on average for past five trading days. |
Weekly Trend | REMX advances 0.8% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support REMX advance at 0% a week (0% probability) GDX(99%) XME(97%) LIT(95%) TAN(95%) GDXJ(92%) |
Factors Impacting REMX price | REMX will decline at least -1.1% in a week (0% probabilities). EDOC(-91%) UUP(-27%) TBT(-26%) VIXM(-21%) VXX(-20%) |
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 | -1.1% (StdDev 2.2%) |
Hourly BBV | 0.6 () |
Intraday Trend | -0.3% |
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