| REMX latest price $41.8200 (2.85%) ($41.6100 - $42.1500) on Fri. Oct. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.85% (three month average) |
RSI | 53 |
Latest Price | $41.8200(2.85%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | REMX advances 2.2% a day on average for past five trading days. |
Weekly Trend | REMX advances 2.5% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock 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 -0.925% in a week (0% probabilities). VIXM(-36%) UUP(-30%) VXX(-17%) IGOV(-8%) EDOC(-6%) |
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 | -0.925% (StdDev 1.85%) |
Hourly BBV | 1.2 () |
Intraday Trend | -0.3% |
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