| XME latest price $46.1900 (1.43%) ($45.8650 - $46.6300) on Tue. Jan. 4, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.77% (three month average) |
RSI | 76 |
Latest Price | $46.1900(1.43%) |
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 advances 3.3% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Rotation from growth to value for small cap. |
Correlated ETFs | Broad market will support XME advance at 0% a week (0% probability) URA(59%) XLB(59%) PAVE(54%) IFRA(53%) VFMO(53%) |
Factors Impacting XME price | XME will decline at least -0.885% in a week (0% probabilities). VIXM(-34%) UUP(-33%) IGOV(-8%) VXX(-7%) TBT(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.885% (StdDev 1.77%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0.6% |
| |
|
|