REMX VanEck Rare Earth & Strat Mtls ETF Forecast, Technical & Fundamental Analysis
REMX's MACD Histogram just turned positive
The Moving Average Convergence Divergence (MACD) for REMX turned positive on January 03, 2025. Looking at past instances where REMX's MACD turned positive, the stock continued to rise in of 43 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where REMX's RSI Oscillator exited the oversold zone, of 29 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on January 03, 2025. You may want to consider a long position or call options on REMX as a result. In of 75 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where REMX advanced for three days, in of 317 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where REMX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
REMX broke above its upper Bollinger Band on January 07, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for REMX entered a downward trend on January 08, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
General Information
Category PreciousMetals
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| CIGCX | 16.89 | 0.06 | +0.36% |
| Calamos International Growth C | |||
| LCEIX | 18.60 | -0.06 | -0.32% |
| Invesco Diversified Dividend Investor | |||
| TWQIX | 15.23 | -0.08 | -0.52% |
| Transamerica Large Cap Value I | |||
| RSCRX | 26.31 | -0.18 | -0.68% |
| Russell Inv US Small Cap Equity R6 | |||
| NGCAX | 32.96 | -0.26 | -0.78% |
| Columbia Greater China A | |||
REMX and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, REMX has been closely correlated with PICK. These tickers have moved in lockstep 79% of the time. This A.I.-generated data suggests there is a high statistical probability that if REMX jumps, then PICK could also see price increases.
| Ticker / NAME | Correlation To REMX | 1D Price Change % | ||
|---|---|---|---|---|
| REMX | 100% | -1.76% | ||
| PICK - REMX | 79% Closely correlated | -1.77% | ||
| GDXJ - REMX | 53% Loosely correlated | +0.06% | ||
| GDX - REMX | 50% Loosely correlated | -0.21% | ||
| SLVP - REMX | 45% Loosely correlated | -0.40% | ||
| SILJ - REMX | 45% Loosely correlated | -0.93% | ||
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