| CEMI latest price $14.2000 (15.92%) ($13.0000 - $14.8300) on Tue. May. 5, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 10.71% (three month average) |
RSI | 69 |
Latest Price | $14.2000(15.92%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CEMI advances 4.6% a day on average for past five trading days. |
Weekly Trend | CEMI declines -0.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support CEMI advance at 0% a week (0% probability) BND(56%) PCY(41%) IBB(39%) LQD(36%) XLV(36%) |
Factors Impacting CEMI price | CEMI will decline at least -5.355% in a week (0% probabilities). TBT(-25%) VXX(-22%) XME(-18%) UUP(-13%) VIXM(-10%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -5.355% (StdDev 10.71%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
| |
|
|