| REI latest price $7.6900 (-1.66%) ($7.2400 - $7.7000) on Fri. Nov. 9, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.06% (three month average) |
RSI | 47 |
Latest Price | $7.6900(-1.66%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | REI advances 0.9% a day on average for past five trading days. |
Weekly Trend | REI advances 0.4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support REI advance at 0% a week (0% probability) GLD(85%) XHB(34%) DIA(33%) URA(33%) IFRA(32%) |
Factors Impacting REI price | REI will decline at least -2.03% in a week (0% probabilities). VCIT(-15%) VCSH(-13%) UNG(-12%) SHY(-12%) LQD(-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 | -2.03% (StdDev 4.06%) |
Hourly BBV | 0 () |
Intraday Trend | 0.5% |
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