| REMX latest price $84.5000 (1.99%) ($83.5200 - $84.5000) on Wed. May. 10, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.94% (three month average) |
RSI | 60 |
Latest Price | $84.5000(1.99%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | REMX advances 1.6% a day on average for past five trading days. |
Weekly Trend | REMX advances 2.3% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support REMX advance at 0% a week (0% probability) LIT(90%) IDRV(77%) XME(69%) EEM(67%) IWM(67%) |
Factors Impacting REMX price | REMX will decline at least -0.97% in a week (0% probabilities). VXX(-39%) VIXM(-38%) UUP(-30%) TBT(-18%) EDOC(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.97% (StdDev 1.94%) |
Hourly BBV | 1.7 () |
Intraday Trend | 1.1% |
| |
|
|