| REI latest price $16.0700 (0.44%) ($15.8900 - $16.3100) on Mon. May. 21, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.91% (three month average) |
RSI | 47 |
Latest Price | $16.0700(0.44%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | REI advances 0.5% a day on average for past five trading days. |
Weekly Trend | REI declines -1.1% 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(34%) XLE(33%) DIA(29%) USO(29%) |
Factors Impacting REI price | REI will decline at least -1.455% in a week (0% probabilities). VIXM(-18%) VXX(-11%) SHY(-11%) VCIT(-9%) VCSH(-7%) |
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 | -1.455% (StdDev 2.91%) |
Hourly BBV | 0 () |
Intraday Trend | -0.9% |
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