| XME latest price $48.0900 (-5.43%) ($47.8800 - $50.4300) on Wed. Nov. 9, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.86% (three month average) |
RSI | 61 |
Latest Price | $48.0900(-5.43%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XME advances 0.8% 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) URA(35%) XLB(31%) EMHY(30%) CEMB(29%) HYG(28%) |
Factors Impacting XME price | XME will decline at least -1.43% in a week (0% probabilities). UUP(-23%) VIXM(-12%) TBT(-7%) VXX(-2%) BNDX(5%) |
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 | -1.43% (StdDev 2.86%) |
Hourly BBV | -1.9 () |
Intraday Trend | -4.4% |
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