| XME latest price $51.1800 (0.1%) ($50.8600 - $51.5650) on Wed. Aug. 23, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.41% (three month average) |
RSI | 45 |
Latest Price | $51.1800(0.1%) |
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 declines -0.6% 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) IFRA(83%) IWN(83%) IWM(82%) XLB(81%) IWD(79%) |
Factors Impacting XME price | XME will decline at least -0.705% in a week (0% probabilities). VXX(-36%) UUP(-35%) VIXM(-30%) TBT(-28%) EDOC(-28%) |
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 | -0.705% (StdDev 1.41%) |
Hourly BBV | 0.2 () |
Intraday Trend | 0.3% |
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