| XME latest price $46.6900 (3.39%) ($44.7400 - $46.8950) on Wed. Jul. 27, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.95% (three month average) |
RSI | 64 |
Latest Price | $46.6900(3.39%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XME advances 0.8% a day on average for past five trading days. |
Weekly Trend | XME advances 2.7% 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(50%) URA(47%) VT(45%) BOTZ(43%) DRIV(43%) |
Factors Impacting XME price | XME will decline at least -1.475% in a week (0% probabilities). UUP(-33%) VIXM(-22%) TBT(-8%) EDOC(-5%) VXX(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.475% (StdDev 2.95%) |
Hourly BBV | 3.1 () |
Intraday Trend | 2.8% |
| |
|
|