| XME latest price $25.1200 (1.05%) ($24.7406 - $25.4300) on Wed. Sep. 16, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.87% (three month average) |
RSI | 55 |
Latest Price | $25.1200(1.05%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XME advances 0.7% a day on average for past five trading days. |
Weekly Trend | XME declines -0.6% 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%) IWD(59%) |
Factors Impacting XME price | XME will decline at least -0.935% in a week (0% probabilities). VIXM(-36%) UUP(-34%) VXX(-13%) TLT(-8%) IGOV(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.935% (StdDev 1.87%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
| |
|
|