| XME latest price $50.4400 (-3.2%) ($49.8300 - $51.6700) on Thu. Oct. 12, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.36% (three month average) |
RSI | 45 |
Latest Price | $50.4400(-3.2%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XME advances 0.2% a day on average for past five trading days. |
Weekly Trend | XME declines -0.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support XME advance at 0% a week (0% probability) IFRA(85%) IWM(84%) IWN(84%) IWO(82%) ICLN(79%) |
Factors Impacting XME price | XME will decline at least -0.68% in a week (0% probabilities). UUP(-41%) TBT(-29%) VXX(-22%) VIXM(-18%) EDOC(-3%) |
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 | -0.68% (StdDev 1.36%) |
Hourly BBV | -1.3 () |
Intraday Trend | -2.3% |
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