| XME latest price $52.5500 (3.22%) ($51.4400 - $52.6900) on Tue. Nov. 22, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.87% (three month average) |
RSI | 71 |
Latest Price | $52.5500(3.22%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XME advances 0.1% a day on average for past five trading days. |
Weekly Trend | XME advances 2.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support XME advance at 0% a week (0% probability) URA(28%) CEMB(21%) XLB(20%) EMHY(19%) HYG(19%) |
Factors Impacting XME price | XME will decline at least -1.435% in a week (0% probabilities). UUP(-13%) VIXM(-9%) TBT(-6%) VXX(-1%) INDA(-0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.435% (StdDev 2.87%) |
Hourly BBV | 1.5 () |
Intraday Trend | 1.9% |
| |
|
|