| XME latest price $23.4100 (-1.72%) ($23.1200 - $23.5400) on Tue. Jun. 9, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.53% (three month average) |
RSI | 75 |
Latest Price | $23.4100(-1.72%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XME advances 1.9% a day on average for past five trading days. |
Weekly Trend | XME advances 6% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support XME advance at 0% a week (0% probability) XLB(68%) PAVE(67%) IFRA(66%) IWN(63%) IWD(62%) |
Factors Impacting XME price | XME will decline at least -2.265% in a week (0% probabilities). VIXM(-40%) UUP(-34%) VXX(-15%) TLT(-11%) IGOV(2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.265% (StdDev 4.53%) |
Hourly BBV | 0 () |
Intraday Trend | -0.5% |
| |
|
|