| REMX latest price $97.4800 (2.33%) ($94.8400 - $98.1860) on Wed. Feb. 1, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.75% (three month average) |
RSI | 82 |
Latest Price | $97.4800(2.33%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | REMX advances 0.5% a day on average for past five trading days. |
Weekly Trend | REMX advances 4.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support REMX advance at 0% a week (0% probability) LIT(87%) IDRV(75%) XME(70%) EEM(67%) VWO(67%) |
Factors Impacting REMX price | REMX will decline at least -1.375% in a week (0% probabilities). VIXM(-42%) UUP(-33%) VXX(-21%) TBT(-9%) SHY(-7%) |
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 | -1.375% (StdDev 2.75%) |
Hourly BBV | 2.8 () |
Intraday Trend | 0.8% |
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