| XME latest price $54.3300 (-2.46%) ($54.3100 - $55.4300) on Tue. Dec. 5, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.47% (three month average) |
RSI | 71 |
Latest Price | $54.3300(-2.46%) |
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 advances 2.7% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support XME advance at 0% a week (0% probability) TAN(93%) XOP(91%) ICLN(84%) IWN(84%) IWM(83%) |
Factors Impacting XME price | XME will decline at least -0.735% in a week (0% probabilities). UUP(-37%) TBT(-7%) BNDX(-5%) VIXM(3%) SHY(11%) |
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 | -0.735% (StdDev 1.47%) |
Hourly BBV | -1.5 () |
Intraday Trend | -2% |
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