| XME latest price $43.6700 (4%) ($42.4900 - $43.8700) on Tue. Dec. 21, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.83% (three month average) |
RSI | 71 |
Latest Price | $43.6700(4%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XME advances 0.9% a day on average for past five trading days. |
Weekly Trend | XME advances 1.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support XME advance at 0% a week (0% probability) URA(59%) XLB(59%) PAVE(54%) IFRA(53%) VFMO(53%) |
Factors Impacting XME price | XME will decline at least -0.915% in a week (0% probabilities). VIXM(-33%) UUP(-33%) IGOV(-8%) VXX(-7%) TBT(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.915% (StdDev 1.83%) |
Hourly BBV | 1.4 () |
Intraday Trend | 2.8% |
| |
|
|