| RMG latest price $10.2900 (0.59%) ($10.2500 - $10.3000) on Wed. Jul. 1, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.48% (three month average) |
RSI | 72 |
Latest Price | $10.2900(0.59%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | RMG advances 0.5% a day on average for past five trading days. |
Weekly Trend | RMG advances 0.9% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support RMG advance at 0% a week (0% probability) VCSH(33%) TIP(30%) BNDX(22%) BND(21%) BWX(21%) |
Factors Impacting RMG price | RMG will decline at least -0.24% in a week (0% probabilities). SMH(-22%) XLK(-14%) UUP(-14%) TBT(-14%) QQQ(-13%) |
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 | -0.24% (StdDev 0.48%) |
Hourly BBV | 0 () |
Intraday Trend | 0.4% |
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