| XME latest price $24.3200 (-5.07%) ($24.1500 - $25.4600) on Wed. Nov. 4, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.09% (three month average) |
RSI | 43 |
Latest Price | $24.3200(-5.07%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XME advances 0.5% a day on average for past five trading days. |
Weekly Trend | XME declines -0.6% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support XME advance at 0% a week (0% probability) XLB(66%) PAVE(64%) IFRA(63%) IWN(60%) XOP(59%) |
Factors Impacting XME price | XME will decline at least -1.045% in a week (0% probabilities). VIXM(-36%) UUP(-33%) VXX(-13%) TLT(-7%) EDOC(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.045% (StdDev 2.09%) |
Hourly BBV | 0 () |
Intraday Trend | -3.7% |
| |
|
|