| REMX latest price $78.4400 (2.7%) ($77.4200 - $79.1900) on Wed. Apr. 14, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.54% (three month average) |
RSI | 83 |
Latest Price | $78.4400(2.7%) |
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 3.6% 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(86%) DRIV(70%) IDRV(70%) EEM(68%) IWM(63%) |
Factors Impacting REMX price | REMX will decline at least -1.77% in a week (0% probabilities). VIXM(-37%) UUP(-30%) VXX(-16%) TLT(-2%) TBT(1%) |
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 | -1.77% (StdDev 3.54%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.9% |
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