| XME latest price $52.0500 (-2.62%) ($51.9750 - $53.8600) on Fri. Aug. 26, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.65% (three month average) |
RSI | 63 |
Latest Price | $52.0500(-2.62%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XME advances 0.7% a day on average for past five trading days. |
Weekly Trend | XME advances 1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support XME advance at 0% a week (0% probability) XLB(48%) URA(45%) VT(44%) BOTZ(42%) EMHY(42%) |
Factors Impacting XME price | XME will decline at least -1.325% in a week (0% probabilities). UUP(-32%) VIXM(-21%) TBT(-11%) VXX(-4%) EDOC(-3%) |
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 | -1.325% (StdDev 2.65%) |
Hourly BBV | -0.3 () |
Intraday Trend | -3.2% |
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