| REMX latest price $58.4600 (-3.44%) ($58.4600 - $60.5400) on Wed. Dec. 20, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.24% (three month average) |
RSI | 55 |
Latest Price | $58.4600(-3.44%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | REMX advances 0.5% a day on average for past five trading days. |
Weekly Trend | REMX advances 2.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support REMX advance at 0% a week (0% probability) GDX(97%) LIT(95%) IVE(94%) JETS(94%) GDXJ(91%) |
Factors Impacting REMX price | REMX will decline at least -1.12% in a week (0% probabilities). UUP(-27%) TBT(-26%) VIXM(-21%) VXX(-19%) 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 | -1.12% (StdDev 2.24%) |
Hourly BBV | -1.7 () |
Intraday Trend | -2.7% |
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