| XME latest price $24.5200 (3.24%) ($24.1600 - $24.8700) on Wed. Aug. 5, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.79% (three month average) |
| RSI | 72 |
| Latest Price | $24.5200(3.24%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XME advances 0.8% a day on average for past five trading days. |
| Weekly Trend | XME advances 1.8% 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 XME advance at 0% a week (0% probability)
XLB(67%) PAVE(65%) IFRA(64%) IWN(61%) IWD(59%) |
| Factors Impacting XME price | XME will decline at least -1.395% in a week (0% probabilities).
VIXM(-36%) UUP(-34%) VXX(-13%) TLT(-8%) IGOV(-7%) |
| 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 | -1.395% (StdDev 2.79%) |
| Hourly BBV | 0 () |
| Intraday Trend | 1.5% |
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