| XME latest price $53.1600 (1.41%) ($52.6700 - $53.2000) on Fri. Mar. 31, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.8% (three month average) |
RSI | 53 |
Latest Price | $53.1600(1.41%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XME advances 1.1% a day on average for past five trading days. |
Weekly Trend | XME advances 1.6% 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) IWM(82%) XLB(82%) IWN(81%) IWO(79%) IFRA(78%) |
Factors Impacting XME price | XME will decline at least -0.9% in a week (0% probabilities). VXX(-45%) VIXM(-40%) UUP(-30%) TBT(-14%) SHY(-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 | -0.9% (StdDev 1.8%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0.8% |
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