| XME latest price $52.3200 (-1.36%) ($51.9000 - $52.6300) on Wed. Apr. 19, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.69% (three month average) |
RSI | 52 |
Latest Price | $52.3200(-1.36%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XME advances 0.1% a day on average for past five trading days. |
Weekly Trend | XME advances 0.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support XME advance at 0% a week (0% probability) IWM(81%) IWN(81%) XLB(81%) IWO(79%) IFRA(78%) |
Factors Impacting XME price | XME will decline at least -0.845% in a week (0% probabilities). VXX(-44%) VIXM(-39%) UUP(-32%) TBT(-17%) SHY(0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.845% (StdDev 1.69%) |
Hourly BBV | -0.3 () |
Intraday Trend | -0.1% |
| |
|
|