| RMG latest price $10.2522 (-0.08%) ($10.2500 - $10.3200) on Tue. Jul. 14, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.45% (three month average) |
RSI | 54 |
Latest Price | $10.2522(-0.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | RMG advances 0.1% 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) VCSH(44%) TIP(34%) BND(26%) BNDX(26%) BWX(23%) |
Factors Impacting RMG price | RMG will decline at least -0.225% in a week (0% probabilities). SMH(-24%) XLK(-15%) UUP(-15%) TBT(-15%) IVW(-14%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.225% (StdDev 0.45%) |
Hourly BBV | 0 () |
Intraday Trend | -0.5% |
| |
|
|