| REI latest price $7.4400 (-1.33%) ($7.0100 - $7.5700) on Fri. Nov. 23, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.13% (three month average) |
RSI | 53 |
Latest Price | $7.4400(-1.33%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | REI advances 0.3% a day on average for past five trading days. |
Weekly Trend | REI declines -0.4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support REI advance at 0% a week (0% probability) URA(34%) XHB(34%) VXX(32%) IFRA(31%) SLV(30%) |
Factors Impacting REI price | REI will decline at least -2.065% in a week (0% probabilities). VCIT(-17%) PCY(-13%) VCSH(-12%) UNG(-12%) LQD(-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 | -2.065% (StdDev 4.13%) |
Hourly BBV | 0 () |
Intraday Trend | 1.4% |
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