Trading Signals: XME Stock Price Prediction and Forecast

^ XME: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Wed. Jul. 26, 2023

Trading Signals: XME Stock Price Prediction and Forecast (Mon. Mar. 14, 2016 - Fri. Dec. 22, 2023)

(SPDR S&P Metals & Mining ETF)
XME latest price $53.2100 (-0.13%) ($52.7200 - $53.3800) on Wed. Jul. 26, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.45% (three month average)
RSI   75
Latest Price   $53.2100(-0.13%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   XME advances 0.3% a day on average for past five trading days.
Weekly Trend   XME advances 1.4% a week on average for past two weeks.
Market Behavior   Normal for large cap. Value stock rally for small cap.
Correlated ETFs   Broad market will support XME advance at 0% a week (0% probability)
IFRA(81%)    IWM(81%)    IWN(81%)    XLB(80%)    IWO(79%)
Factors Impacting XME price   XME will decline at least -0.725% in a week (0% probabilities).
VXX(-40%)    UUP(-35%)    VIXM(-34%)    TBT(-31%)    IGOV(3%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.725% (StdDev 1.45%)
Hourly BBV 0 ()
Intraday Trend 0.4%

5 Day Moving Average   $52.48(1.39%)
10 Day Moving Average   $52.35(1.64%)
20 Day Moving Average   $51.6(3.12%)
To recent high   -0.1%
To recent low   19.5%
Market Cap   $N/A

$. XME price fluctuates within 2.02% (three month std-dev: 1.45%) daily (68% of days).

Sample size 50 Average positive next day return: 1.01%(48%) Average negative next day return: -1.11%(52%) Sample size 50 Average positive next three day return: 1.6%(52%) Average negative next three day return: -2.41%(48%) Sample size 50 Average positive next weekly return: 2.15%(48%) Average negative next weekly return: -2.79%(52%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

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i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Jul_26_2023	50.03	51.6	52.35	52.48	52.5	53.05	53.21(-0.13%)	UD	OpenLong	75	0.7	37	70	26	70	2.72	60%	-0.04	76.2	1.45%	0	1.5	75	1.9
2	Jul_25_2023	50.05	51.42	52.23	52.33	52.31	52.53	53.28(1.97%)	UT	OpenLong	75	0.9	39	30	27	76	2.76	56%	-0.08	74.8	1.46%	0	1.8	67	1.2
3	Jul_24_2023	50.09	51.21	52.04	52.19	52.16	51.94	52.25(1.18%)	UT	HoldLong	50	0.1	12	-30	-4	58	3.14	54%	-0.14	67.6	1.5%	0	1	55	1.6
4	Jul_21_2023	50.16	51.04	51.94	52.09	52.22	52.1	51.64(-0.77%)	UD	OpenLong	65	-0.4	9	-10	-7	57	2.41	51%	-0.14	54.6	1.49%	0	0.5	56	1.1
5	Jul_20_2023	50.23	50.93	51.84	52.07	52.14	52.37	52.04(-0.72%)	UD	OpenLong	75	-0	15	30	0	58	2.55	51%	-0.1	52.1	1.53%	0	0.9	59	1.4

6	Jul_19_2023	50.28	50.81	51.61	52.18	52.04	52.34	52.42(-0.3%)	UD	OpenLong	75	0.2	29	30	15	70	2.62	51%	-0.08	60.7	1.54%	0.5	1.4	67	1.5
7	Jul_18_2023	50.32	50.65	51.42	52.11	52.07	51.9	52.58(1.58%)	UT	OpenLong	75	0.4	26	-30	10	72	2.91	51%	-0.06	65.1	1.55%	0.9	1.7	67	1.9
8	Jul_17_2023	50.35	50.5	51.28	51.89	52.09	51.75	51.76(0.39%)	UD	OpenLong	65	-0.1	10	-30	-11	72	2.03	49%	-0.04	67.4	1.53%	0	1.1	67	1.4
9	Jul_14_2023	50.37	50.41	51.18	51.76	52.03	52.23	51.56(-1.94%)	UD	OpenLong	75	-0.2	26	40	5	90	2.88	49%	-0.06	71.7	1.54%	0	1.1	68	1.2
10	Jul_13_2023	50.4	50.31	51.09	51.56	51.71	52.43	52.58(0.94%)	UT	OpenLong	75	1	62	110	46	108	4.21	54%	-0.04	76.1	1.53%	1.1	2.2	68	1

11	Jul_12_2023	50.42	50.1	50.78	50.95	51.16	51.82	52.09(1.22%)	UT	OpenLong	75	1.3	57	100	48	82	4.26	54%	-0.06	74.2	1.55%	1.3	2.2	63	1.1
12	Jul_11_2023	50.45	49.91	50.53	50.62	50.49	50.99	51.46(0.67%)	UT	OpenLong	75	1.1	30	60	20	61	1.89	54%	0.02	80.1	1.54%	1.3	2	63	-0.3
13	Jul_10_2023	50.44	49.77	50.29	50.59	50.36	50.5	51.12(1.17%)	UT	OpenLong	75	0.7	25	10	15	54	1.94	54%	-0.1	97.5	1.55%	1.5	1.7	58	-0.5
14	Jul_7_2023	50.49	49.65	50.06	50.53	50.5	49.99	50.53(1.98%)	N/A	N/A	0	0	0	-70	-11	34	3.38	54%	-0.14	120.5	1.55%	0	1.1	53	-0.3
15	Jul_6_2023	50.56	49.54	49.94	50.53	50.62	50.23	49.55(-1.74%)	N/A	N/A	0	-1.3	-14	-50	-27	27	2.88	52%	-0.14	143.5	1.54%	0	0	50	-0.6

16	Jul_5_2023	50.63	49.43	49.96	50.55	50.71	51	50.43(-1.77%)	UD	OpenLong	75	-0.1	21	50	10	52	2.86	54%	-0.24	149.4	1.53%	0	1.2	65	0.9
17	Jul_3_2023	50.75	49.29	49.85	50.4	50.36	51.01	51.34(1.02%)	UT	OpenLong	75	1	46	90	40	65	1.23	53%	-0.08	133	1.54%	0	2.1	72	1.2
18	Jun_30_2023	50.79	49.01	49.67	49.94	49.9	50.42	50.82(0.41%)	UT	OpenLong	75	0.9	46	70	43	54	2.09	53%	-0.1	123.7	1.53%	0	1.9	64	1
19	Jun_29_2023	50.84	48.71	49.57	49.51	49.46	49.7	50.61(2.18%)	UT	OpenLong	75	1	26	30	23	36	2.78	53%	-0.1	81.2	1.53%	2.4	1.7	63	1
20	Jun_28_2023	50.89	48.43	49.47	49.27	49.16	49.38	49.53(-0.32%)	UD	OpenLong	75	0.2	10	20	4	29	2.67	50%	-0.16	52.6	1.51%	0.5	0.8	62	1.2

21	Jun_27_2023	50.97	48.24	49.36	49.31	49.16	49.22	49.69(1.33%)	UT	OpenLong	75	0.2	20	0	12	43	1.86	50%	-0.16	43.5	1.52%	1.7	0.9	70	1.1
22	Jun_26_2023	51.05	48.03	49.23	49.23	49.13	48.94	49.04(0.72%)	UD	OpenLong	65	-0.1	5	-30	-7	39	1.83	50%	-0.18	37.5	1.52%	0	0.6	63	1
23	Jun_23_2023	51.14	47.88	49.21	49.36	49.14	49.05	48.69(-1.44%)	UD	OpenLong	65	-0.4	1	-30	-21	65	3.48	50%	-0.2	34.3	1.52%	0	0.5	72	1.1
24	Jun_22_2023	51.24	47.8	49.24	49.62	49.4	49.33	49.4(-0.62%)	UD	OpenLong	75	-0.1	30	-20	0	121	2.95	48%	-0.18	38.5	1.51%	0	0.9	80	1.4
25	Jun_21_2023	51.33	47.69	49.13	49.68	49.45	49.23	49.71(0.85%)	UD	OpenLong	65	0	37	-50	-1	151	4.19	48%		38.4	1.53%	0	1.1	79	1.3
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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