| XME latest price $51.3700 (1.1%) ($50.6000 - $51.6750) on Mon. Oct. 9, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.31% (three month average) |
RSI | 44 |
Latest Price | $51.3700(1.1%) |
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 declines -1.3% 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) IFRA(85%) IWM(85%) IWN(85%) IWO(82%) ICLN(81%) |
Factors Impacting XME price | XME will decline at least -0.655% in a week (0% probabilities). UUP(-42%) TBT(-31%) EDOC(-28%) VXX(-23%) VIXM(-19%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.655% (StdDev 1.31%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1.4% |
| |
|
|