| XME latest price $47.3500 (2.25%) ($46.3300 - $47.5870) on Wed. Feb. 9, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.98% (three month average) |
RSI | 59 |
Latest Price | $47.3500(2.25%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XME advances 1.4% a day on average for past five trading days. |
Weekly Trend | XME advances 3.2% 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) XLB(59%) URA(58%) IFRA(53%) PAVE(53%) VFMO(53%) |
Factors Impacting XME price | XME will decline at least -0.99% in a week (0% probabilities). UUP(-33%) VIXM(-32%) VXX(-7%) TBT(-5%) EDOC(0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.99% (StdDev 1.98%) |
Hourly BBV | 1.3 () |
Intraday Trend | 1.8% |
| |
|
|