| REMX latest price $54.7300 (-2.67%) ($54.6600 - $55.6650) on Tue. Dec. 12, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.08% (three month average) |
RSI | 37 |
Latest Price | $54.7300(-2.67%) |
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 declines -1.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support REMX advance at 0% a week (0% probability) LIT(94%) DRIV(83%) GLD(80%) ARKG(79%) XME(78%) |
Factors Impacting REMX price | REMX will decline at least -1.04% in a week (0% probabilities). VIXM(-24%) UUP(-24%) VXX(-18%) BNDX(-10%) TBT(-8%) |
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 | -1.04% (StdDev 2.08%) |
Hourly BBV | -1.3 () |
Intraday Trend | -0.9% |
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