| REMX latest price $59.9600 (2.57%) ($59.1200 - $60.0300) on Thu. Dec. 21, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.24% (three month average) |
RSI | 54 |
Latest Price | $59.9600(2.57%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | REMX advances 0.3% a day on average for past five trading days. |
Weekly Trend | REMX advances 2.9% 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) GDX(99%) XME(98%) LIT(96%) XOP(95%) IVE(93%) |
Factors Impacting REMX price | REMX will decline at least -1.12% in a week (0% probabilities). VIXM(-28%) EDOC(-28%) UUP(-27%) VXX(-24%) TBT(-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 | -1.12% (StdDev 2.24%) |
Hourly BBV | -0.8 () |
Intraday Trend | 1.4% |
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