| RMO latest price $19.3600 (4.99%) ($18.5200 - $20.0000) on Mon. Feb. 8, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.71% (three month average) |
RSI | 36 |
Latest Price | $19.3600(4.99%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | RMO advances 0.9% a day on average for past five trading days. |
Weekly Trend | RMO declines -4.1% 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 RMO advance at 0% a week (0% probability) ACES(19%) IWC(19%) IWO(17%) IWM(16%) ARKK(15%) |
Factors Impacting RMO price | RMO will decline at least -3.355% in a week (0% probabilities). UNG(-11%) TBT(-9%) VIXM(-7%) VXX(-6%) UUP(-4%) |
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 | -3.355% (StdDev 6.71%) |
Hourly BBV | 1.2 () |
Intraday Trend | 3.4% |
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