| CEMI latest price $6.3150 (8.97%) ($6.3150 - $6.3150) on Wed. Jan. 20, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.12% (three month average) |
RSI | 79 |
Latest Price | $6.3150(8.97%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CEMI advances 3% a day on average for past five trading days. |
Weekly Trend | CEMI advances 9.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support CEMI advance at 0% a week (0% probability) OIH(-6%) FXI(2%) GDX(-3%) GDXJ(-3%) MCHI(-7%) |
Factors Impacting CEMI price | CEMI will decline at least -2.56% in a week (0% probabilities). SPY(-80%) PAVE(-78%) QQQ(-62%) URA(-54%) IVW(-52%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -2.56% (StdDev 5.12%) |
Hourly BBV | 3.6 () |
Intraday Trend | 0% |
| |
|
|