| XME latest price $54.9200 (-3.8%) ($54.5050 - $56.6700) on Wed. Jun. 8, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.76% (three month average) |
RSI | 65 |
Latest Price | $54.9200(-3.8%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XME advances 0.5% a day on average for past five trading days. |
Weekly Trend | XME advances 3.8% 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) URA(55%) XLB(55%) VT(51%) DRIV(49%) PAVE(49%) |
Factors Impacting XME price | XME will decline at least -1.38% in a week (0% probabilities). UUP(-35%) VIXM(-27%) TBT(-7%) VXX(-5%) TLT(7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.38% (StdDev 2.76%) |
Hourly BBV | -0.9 () |
Intraday Trend | -2.9% |
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