| REI latest price $5.4900 (0.73%) ($5.3500 - $5.5800) on Tue. Apr. 23, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.74% (three month average) |
RSI | 40 |
Latest Price | $5.4900(0.73%) |
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) USO(73%) VWO(44%) VIXM(-51%) EEM(32%) KWEB(6%) |
Factors Impacting REI price | REI will decline at least -1.37% in a week (0% probabilities). JETS(1%) KWEB(6%) EEM(32%) VIXM(-51%) VWO(44%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -1.37% (StdDev 2.74%) |
Hourly BBV | 0 () |
Intraday Trend | 1.7% |
| |
|
|