| REMX latest price $52.5600 (-2.29%) ($51.9900 - $52.8000) on Tue. Nov. 29, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.41% (three month average) |
RSI | 67 |
Latest Price | $52.5600(-2.29%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | REMX advances 0.7% a day on average for past five trading days. |
Weekly Trend | REMX advances 3.6% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support REMX advance at 0% a week (0% probability) LIT(79%) EEM(67%) VT(63%) IWM(62%) IWO(62%) |
Factors Impacting REMX price | REMX will decline at least -0.705% in a week (0% probabilities). TLT(-18%) VIXM(-16%) UUP(-12%) GDXJ(-4%) XHB(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.705% (StdDev 1.41%) |
Hourly BBV | 0 () |
Intraday Trend | 0.3% |
| |
|
|