| XME latest price $50.8500 (1.88%) ($49.4400 - $51.4000) on Tue. Nov. 8, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.78% (three month average) |
RSI | 71 |
Latest Price | $50.8500(1.88%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XME advances 0.7% a day on average for past five trading days. |
Weekly Trend | XME advances 1.3% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support XME advance at 0% a week (0% probability) URA(35%) XLB(31%) EMHY(30%) CEMB(29%) HYG(28%) |
Factors Impacting XME price | XME will decline at least -1.39% in a week (0% probabilities). UUP(-23%) VIXM(-12%) TBT(-7%) VXX(-2%) BNDX(5%) |
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 | -1.39% (StdDev 2.78%) |
Hourly BBV | 1.3 () |
Intraday Trend | 1.3% |
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