| REI latest price $16.6700 (1.71%) ($16.1700 - $16.8900) on Thu. May. 10, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.79% (three month average) |
RSI | 52 |
Latest Price | $16.6700(1.71%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | REI advances 0.5% a day on average for past five trading days. |
Weekly Trend | REI advances 0.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support REI advance at 0% a week (0% probability) XOP(37%) OIH(33%) XLE(33%) DIA(28%) USO(28%) |
Factors Impacting REI price | REI will decline at least -1.395% in a week (0% probabilities). VIXM(-18%) SHY(-10%) VCIT(-8%) UNG(-7%) VCSH(-6%) |
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 | -1.395% (StdDev 2.79%) |
Hourly BBV | 0 () |
Intraday Trend | -0.2% |
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