| CEMI latest price $12.5300 (13.09%) ($11.1300 - $13.0400) on Thu. May. 14, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 10.98% (three month average) |
RSI | 40 |
Latest Price | $12.5300(13.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CEMI advances 1.3% a day on average for past five trading days. |
Weekly Trend | CEMI declines -4.5% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support CEMI advance at 0% a week (0% probability) BND(62%) PCY(43%) IBB(41%) LQD(37%) VCIT(37%) |
Factors Impacting CEMI price | CEMI will decline at least -5.49% in a week (0% probabilities). TBT(-26%) VXX(-24%) URA(-20%) XME(-18%) UUP(-14%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -5.49% (StdDev 10.98%) |
Hourly BBV | 0 () |
Intraday Trend | 12.6% |
| |
|
|