| REMX latest price $38.1500 (1.17%) ($38.0600 - $38.5000) on Thu. Oct. 1, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.99% (three month average) |
RSI | 42 |
Latest Price | $38.1500(1.17%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | REMX advances 0.4% a day on average for past five trading days. |
Weekly Trend | REMX declines -3.6% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support REMX advance at 0% a week (0% probability) LIT(85%) IDRV(70%) EEM(66%) IWM(63%) IWO(62%) |
Factors Impacting REMX price | REMX will decline at least -0.995% in a week (0% probabilities). VIXM(-36%) UUP(-30%) VXX(-17%) IGOV(-7%) EDOC(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.995% (StdDev 1.99%) |
Hourly BBV | 0.8 () |
Intraday Trend | -0.8% |
| |
|
|