| REMX latest price $77.4300 (-0.18%) ($76.8400 - $77.7000) on Fri. Apr. 9, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.5% (three month average) |
RSI | 50 |
Latest Price | $77.4300(-0.18%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | REMX advances 0.3% a day on average for past five trading days. |
Weekly Trend | REMX advances 3.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support REMX advance at 0% a week (0% probability) LIT(86%) DRIV(70%) IDRV(70%) EEM(68%) IWM(63%) |
Factors Impacting REMX price | REMX will decline at least -1.75% in a week (0% probabilities). VIXM(-37%) UUP(-30%) VXX(-16%) IGOV(-6%) TLT(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.75% (StdDev 3.5%) |
Hourly BBV | -0.7 () |
Intraday Trend | -0.2% |
| |
|
|