| RMG latest price $10.3200 (1.28%) ($10.2700 - $10.3600) on Thu. Sep. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.64% (three month average) |
RSI | 49 |
Latest Price | $10.3200(1.28%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | RMG advances 0.2% a day on average for past five trading days. |
Weekly Trend | RMG declines -0.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support RMG advance at 0% a week (0% probability) IGOV(26%) LQD(26%) KWEB(23%) MCHI(22%) FXI(21%) |
Factors Impacting RMG price | RMG will decline at least -0.32% in a week (0% probabilities). UUP(-27%) TBT(-27%) SMH(-27%) XLK(-19%) IVW(-16%) |
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 | -0.32% (StdDev 0.64%) |
Hourly BBV | 0 () |
Intraday Trend | 0.5% |
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