| XME latest price $25.2600 (-1.33%) ($25.2400 - $25.7300) on Thu. Aug. 22, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.55% (three month average) |
RSI | 37 |
Latest Price | $25.2600(-1.33%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XME advances 0.6% a day on average for past five trading days. |
Weekly Trend | XME declines -2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support XME advance at 0% a week (0% probability) PAVE(74%) XLB(74%) IWN(72%) IWD(69%) IWM(69%) |
Factors Impacting XME price | XME will decline at least -0.775% in a week (0% probabilities). VIXM(-49%) UUP(-23%) VXX(-22%) TLT(-19%) IFRA(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.775% (StdDev 1.55%) |
Hourly BBV | 0 () |
Intraday Trend | -1.8% |
| |
|
|