| REI latest price $7.4000 (-2.25%) ($7.1700 - $7.6200) on Tue. Nov. 6, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.07% (three month average) |
RSI | 38 |
Latest Price | $7.4000(-2.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | REI advances 0.4% a day on average for past five trading days. |
Weekly Trend | REI declines -3.4% 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) GLD(56%) XHB(37%) URA(36%) DIA(35%) IFRA(33%) |
Factors Impacting REI price | REI will decline at least -2.035% in a week (0% probabilities). VCIT(-15%) SHY(-14%) VCSH(-12%) UNG(-11%) VIXM(-8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | |
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Market Trend Strength | -2.035% (StdDev 4.07%) |
Hourly BBV | 0 () |
Intraday Trend | -2% |
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