| REI latest price $7.5400 (0.8%) ($7.4600 - $7.7300) on Wed. Nov. 21, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.11% (three month average) |
RSI | 50 |
Latest Price | $7.5400(0.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | REI advances 1% a day on average for past five trading days. |
Weekly Trend | REI declines -0.3% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support REI advance at 0% a week (0% probability) PAVE(23%) URA(37%) XHB(36%) IFRA(33%) SLV(33%) |
Factors Impacting REI price | REI will decline at least -2.055% in a week (0% probabilities). VCIT(-17%) UNG(-14%) VCSH(-12%) SHY(-12%) PCY(-12%) |
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 | -2.055% (StdDev 4.11%) |
Hourly BBV | 0 () |
Intraday Trend | 0.7% |
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