| XME latest price $29.9500 (3.78%) ($29.1428 - $29.9600) on Mon. Nov. 14, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.28% (three month average) |
RSI | 78 |
Latest Price | $29.9500(3.78%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XME advances 2.5% a day on average for past five trading days. |
Weekly Trend | XME advances 6.9% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support XME advance at 0% a week (0% probability) XLB(72%) IWN(71%) IWM(68%) IWC(67%) IWD(67%) |
Factors Impacting XME price | XME will decline at least -1.14% in a week (0% probabilities). TLT(-20%) UUP(-19%) VIXM(-17%) IGOV(-2%) SHY(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.14% (StdDev 2.28%) |
Hourly BBV | 0 () |
Intraday Trend | 2% |
| |
|
|