| XME latest price $26.4900 (-1.67%) ($26.2750 - $27.0400) on Thu. Nov. 12, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.16% (three month average) |
RSI | 55 |
Latest Price | $26.4900(-1.67%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XME advances 0.6% a day on average for past five trading days. |
Weekly Trend | XME advances 4.2% a week on average for past two weeks. |
Market Behavior | Broad based 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(66%) PAVE(63%) IFRA(62%) IWN(59%) IWD(58%) |
Factors Impacting XME price | XME will decline at least -1.08% in a week (0% probabilities). VIXM(-35%) UUP(-33%) VXX(-12%) TLT(-7%) EDOC(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.08% (StdDev 2.16%) |
Hourly BBV | 0 () |
Intraday Trend | -1.2% |
| |
|
|