| REI latest price $5.2500 (1.35%) ($5.0800 - $5.4000) on Thu. Jan. 3, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.38% (three month average) |
RSI | 36 |
Latest Price | $5.2500(1.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | REI advances 1.8% 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 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) SLV(19%) PEJ(18%) XLP(16%) XLY(16%) SHY(7%) |
Factors Impacting REI price | REI will decline at least -2.19% in a week (0% probabilities). INDA(-30%) EWY(-24%) DRIV(-34%) KWEB(-25%) LIT(-24%) |
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 | -2.19% (StdDev 4.38%) |
Hourly BBV | 0 () |
Intraday Trend | 1.7% |
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