| XME latest price $24.7900 (-2.09%) ($24.7000 - $25.5000) on Tue. Aug. 11, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.7% (three month average) |
RSI | 63 |
Latest Price | $24.7900(-2.09%) |
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 3.3% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock sell-off 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 -1.35% in a week (0% probabilities). VIXM(-36%) UUP(-34%) VXX(-13%) TLT(-8%) EDOC(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.35% (StdDev 2.7%) |
Hourly BBV | 0 () |
Intraday Trend | -1.9% |
| |
|
|