| RMG latest price $14.8100 (-4.2%) ($12.8800 - $14.9500) on Wed. Dec. 2, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.41% (three month average) |
RSI | 79 |
Latest Price | $14.8100(-4.2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | RMG advances 3.9% a day on average for past five trading days. |
Weekly Trend | RMG advances 27.7% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support RMG advance at 0% a week (0% probability) ACES(87%) UNG(10%) TAN(43%) SKYY(36%) REMX(5%) |
Factors Impacting RMG price | RMG will decline at least -2.205% in a week (0% probabilities). IDRV(-1%) ICLN(66%) IPO(76%) IWC(24%) IBB(44%) |
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 | -2.205% (StdDev 4.41%) |
Hourly BBV | 0 () |
Intraday Trend | 8.1% |
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