| REMX latest price $40.6600 (1.53%) ($40.2700 - $40.9000) on Thu. Oct. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.82% (three month average) |
RSI | 41 |
Latest Price | $40.6600(1.53%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | REMX advances 1.3% a day on average for past five trading days. |
Weekly Trend | REMX advances 0.2% 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 REMX advance at 0% a week (0% probability) LIT(84%) IDRV(70%) EEM(66%) IWM(63%) IWO(62%) |
Factors Impacting REMX price | REMX will decline at least -0.91% in a week (0% probabilities). VIXM(-36%) UUP(-30%) VXX(-17%) EDOC(-6%) 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 | -0.91% (StdDev 1.82%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.7% |
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