| REMX latest price $122.4900 (-1.99%) ($122.3700 - $125.4600) on Wed. Jul. 24, 2013. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.66% (three month average) |
RSI | 76 |
Latest Price | $122.4900(-1.99%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | REMX advances 0.3% a day on average for past five trading days. |
Weekly Trend | REMX advances 3.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support REMX advance at 0% a week (0% probability) EEM(65%) VWO(61%) IWM(60%) SPY(60%) EWY(58%) |
Factors Impacting REMX price | REMX will decline at least -0.83% in a week (0% probabilities). TLT(-19%) SHY(-4%) IGOV(-1%) TIP(3%) BNDX(3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.83% (StdDev 1.66%) |
Hourly BBV | 0 () |
Intraday Trend | -1.7% |
| |
|
|