| XME latest price $42.8000 (3.48%) ($41.6200 - $42.9600) on Mon. Sep. 27, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.28% (three month average) |
RSI | 40 |
Latest Price | $42.8000(3.48%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XME advances 0.2% a day on average for past five trading days. |
Weekly Trend | XME declines -3.9% 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(60%) URA(58%) IFRA(55%) PAVE(55%) VFMO(55%) |
Factors Impacting XME price | XME will decline at least -1.14% in a week (0% probabilities). VIXM(-35%) UUP(-32%) VXX(-9%) IGOV(-7%) TBT(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.14% (StdDev 2.28%) |
Hourly BBV | 1.4 () |
Intraday Trend | 2.8% |
| |
|
|