| RMG latest price $9.9800 (-0.2%) ($9.9800 - $10.0500) on Wed. Apr. 29, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.67% (three month average) |
RSI | 48 |
Latest Price | $9.9800(-0.2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | RMG advances 24.9% a day on average for past five trading days. |
Weekly Trend | RMG advances 0.3% 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 RMG advance at 0% a week (0% probability) IGOV(14%) VIXM(11%) DRIV(9%) BWX(8%) VXX(8%) |
Factors Impacting RMG price | RMG will decline at least -0.335% in a week (0% probabilities). VFMO(-18%) QQQ(-19%) XLK(-17%) VUG(-17%) SMH(-17%) |
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 | -0.335% (StdDev 0.67%) |
Hourly BBV | 0 () |
Intraday Trend | -0.2% |
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