| XME latest price $43.7400 (-2.71%) ($43.4100 - $45.8100) on Fri. Jul. 22, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.9% (three month average) |
RSI | 51 |
Latest Price | $43.7400(-2.71%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XME advances 0.4% a day on average for past five trading days. |
Weekly Trend | XME advances 2.3% a week on average for past two weeks. |
Market Behavior | Growth stock 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) XLB(50%) URA(47%) VT(45%) BOTZ(43%) DRIV(43%) |
Factors Impacting XME price | XME will decline at least -1.45% in a week (0% probabilities). UUP(-34%) VIXM(-22%) TBT(-9%) VXX(-4%) EDOC(-4%) |
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 | -1.45% (StdDev 2.9%) |
Hourly BBV | -1.7 () |
Intraday Trend | -3.4% |
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