| RMO latest price $14.0900 (2.18%) ($13.6400 - $14.6100) on Mon. Mar. 15, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 7.03% (three month average) |
RSI | 56 |
Latest Price | $14.0900(2.18%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | RMO advances 7.9% a day on average for past five trading days. |
Weekly Trend | RMO advances 1.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support RMO advance at 0% a week (0% probability) ACES(14%) IWC(14%) IBUY(13%) IPO(13%) IWO(13%) |
Factors Impacting RMO price | RMO will decline at least -3.515% in a week (0% probabilities). UNG(-13%) TBT(-10%) VXX(-5%) VIXM(-5%) UUP(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.515% (StdDev 7.03%) |
Hourly BBV | 1 () |
Intraday Trend | 1.7% |
| |
|
|