| XME latest price $31.2200 (1.79%) ($30.3799 - $31.3350) on Wed. Dec. 2, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.46% (three month average) |
RSI | 75 |
Latest Price | $31.2200(1.79%) |
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 4.4% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support XME advance at 0% a week (0% probability) XLB(65%) PAVE(62%) IFRA(61%) IWN(58%) XOP(58%) |
Factors Impacting XME price | XME will decline at least -1.23% in a week (0% probabilities). VIXM(-35%) UUP(-33%) VXX(-12%) TLT(-6%) IGOV(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.23% (StdDev 2.46%) |
Hourly BBV | 0 () |
Intraday Trend | 1.7% |
| |
|
|