| NMRD latest price $4.3600 (3.56%) ($4.3600 - $4.3600) on Fri. Mar. 4, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.5% (three month average) |
RSI | 0 |
Latest Price | $4.3600(3.56%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NMRD advances 2.5% a day on average for past five trading days. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support NMRD advance at 0% a week (0% probability) XLC(37%) LIT(36%) TAN(36%) ARKK(34%) BLOK(34%) |
Factors Impacting NMRD price | NMRD will decline at least -3.25% in a week (0% probabilities). VIXM(-21%) TLT(-19%) SHY(-13%) BND(-13%) TIP(-10%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | |
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Market Trend Strength | -3.25% (StdDev 6.5%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0% |
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