| RMG latest price $10.0500 (0.5%) ($10.0500 - $10.0500) on Mon. Jun. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.74% (three month average) |
RSI | 57 |
Latest Price | $10.0500(0.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | RMG advances 0.2% a day on average for past five trading days. |
Weekly Trend | RMG advances 0.2% a week on average for past two weeks. |
Market Behavior | Value stock 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(26%) BNDX(15%) REMX(14%) XBI(14%) BND(13%) |
Factors Impacting RMG price | RMG will decline at least -0.37% in a week (0% probabilities). GLD(-14%) SIL(-13%) GDXJ(-12%) SLV(-11%) GDX(-11%) |
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 | -0.37% (StdDev 0.74%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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