| XME latest price $24.3900 (-0.65%) ($23.7000 - $24.3900) on Fri. Aug. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.77% (three month average) |
RSI | 70 |
Latest Price | $24.3900(-0.65%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XME advances 1.2% a day on average for past five trading days. |
Weekly Trend | XME advances 2.6% 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(67%) PAVE(65%) IFRA(64%) IWN(61%) XOP(60%) |
Factors Impacting XME price | XME will decline at least -1.385% in a week (0% probabilities). VIXM(-36%) UUP(-34%) VXX(-13%) TLT(-8%) IGOV(-8%) |
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 | -1.385% (StdDev 2.77%) |
Hourly BBV | 0 () |
Intraday Trend | 0.4% |
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