| REMX latest price $43.5500 (-1.49%) ($43.2700 - $43.9990) on Fri. Aug. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.25% (three month average) |
RSI | 67 |
Latest Price | $43.5500(-1.49%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | REMX advances 1.7% a day on average for past five trading days. |
Weekly Trend | REMX advances 3.1% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support REMX advance at 0% a week (0% probability) LIT(84%) IDRV(69%) EEM(66%) IWM(62%) IWO(62%) |
Factors Impacting REMX price | REMX will decline at least -1.125% in a week (0% probabilities). VIXM(-36%) UUP(-30%) VXX(-17%) IGOV(-7%) TLT(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.125% (StdDev 2.25%) |
Hourly BBV | -1 () |
Intraday Trend | -0.9% |
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