| XME latest price $44.2600 (1%) ($43.6600 - $44.7500) on Fri. Feb. 4, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.94% (three month average) |
RSI | 36 |
Latest Price | $44.2600(1%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XME advances 1.3% a day on average for past five trading days. |
Weekly Trend | XME declines -1.6% 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 XME advance at 0% a week (0% probability) XLB(59%) URA(58%) IFRA(53%) PAVE(53%) VFMO(53%) |
Factors Impacting XME price | XME will decline at least -0.97% in a week (0% probabilities). UUP(-34%) VIXM(-33%) VXX(-7%) TBT(-5%) EDOC(0%) |
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 | 1.1 () |
Intraday Trend | 1.2% |
| |
|
|