| XME latest price $18.5800 (6.78%) ($17.9500 - $18.8000) on Thu. Apr. 9, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.51% (three month average) |
RSI | 76 |
Latest Price | $18.5800(6.78%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XME advances 3% a day on average for past five trading days. |
Weekly Trend | XME advances 5% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support XME advance at 0% a week (0% probability) XLB(70%) PAVE(69%) IFRA(68%) IWN(66%) IWD(64%) |
Factors Impacting XME price | XME will decline at least -2.255% in a week (0% probabilities). VIXM(-42%) UUP(-34%) VXX(-16%) TLT(-12%) IGOV(4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.255% (StdDev 4.51%) |
Hourly BBV | 0 () |
Intraday Trend | 3.5% |
| |
|
|