| REMX latest price $85.6400 (2.59%) ($84.3200 - $85.7400) on Tue. Jun. 1, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.72% (three month average) |
RSI | 52 |
Latest Price | $85.6400(2.59%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | REMX advances 1.8% a day on average for past five trading days. |
Weekly Trend | REMX advances 1.8% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support REMX advance at 0% a week (0% probability) LIT(87%) IDRV(71%) DRIV(70%) EEM(68%) IWM(64%) |
Factors Impacting REMX price | REMX will decline at least -1.36% in a week (0% probabilities). VIXM(-37%) UUP(-29%) VXX(-15%) IGOV(-6%) TLT(-2%) |
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 | -1.36% (StdDev 2.72%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1.2% |
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