| XME latest price $48.8900 (0.87%) ($48.7100 - $49.7200) on Mon. Aug. 8, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.81% (three month average) |
RSI | 72 |
Latest Price | $48.8900(0.87%) |
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 3.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support XME advance at 0% a week (0% probability) XLB(49%) URA(46%) VT(44%) BOTZ(42%) DRIV(42%) |
Factors Impacting XME price | XME will decline at least -1.405% in a week (0% probabilities). UUP(-32%) VIXM(-21%) TBT(-10%) VXX(-4%) EDOC(-1%) |
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 | -1.405% (StdDev 2.81%) |
Hourly BBV | 1.1 () |
Intraday Trend | -0.3% |
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