| RMG latest price $10.4000 (1.44%) ($10.3000 - $10.4000) on Wed. Jul. 15, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.5% (three month average) |
RSI | 77 |
Latest Price | $10.4000(1.44%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | RMG advances 0.4% a day on average for past five trading days. |
Weekly Trend | RMG advances 0.5% 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 -0.25% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.25% (StdDev 0.5%) |
Hourly BBV | 0 () |
Intraday Trend | 0.4% |
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