| REMX latest price $90.7400 (3.11%) ($89.3000 - $91.7000) on Mon. Jun. 27, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.19% (three month average) |
RSI | 35 |
Latest Price | $90.7400(3.11%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | REMX advances 0.1% a day on average for past five trading days. |
Weekly Trend | REMX declines -6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support REMX advance at 0% a week (0% probability) LIT(87%) IDRV(73%) EEM(70%) DRIV(67%) IWM(67%) |
Factors Impacting REMX price | REMX will decline at least -1.595% in a week (0% probabilities). UUP(-27%) VIXM(-18%) VXX(-9%) TBT(-4%) TLT(4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.595% (StdDev 3.19%) |
Hourly BBV | 1.2 () |
Intraday Trend | 1.4% |
| |
|
|