| XME latest price $53.8900 (2.32%) ($52.9910 - $54.0500) on Mon. Jul. 31, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.48% (three month average) |
RSI | 64 |
Latest Price | $53.8900(2.32%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XME advances 0.6% a day on average for past five trading days. |
Weekly Trend | XME advances 1.2% 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) IFRA(82%) IWM(81%) IWN(81%) XLB(80%) IWO(79%) |
Factors Impacting XME price | XME will decline at least -0.74% in a week (0% probabilities). VXX(-40%) UUP(-35%) VIXM(-34%) TBT(-31%) IGOV(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 | -0.74% (StdDev 1.48%) |
Hourly BBV | 2 () |
Intraday Trend | 1.4% |
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