| RMO latest price $13.1100 (-6.96%) ($12.9500 - $14.0500) on Tue. Mar. 16, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.02% (three month average) |
RSI | 50 |
Latest Price | $13.1100(-6.96%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | RMO advances 2.8% a day on average for past five trading days. |
Weekly Trend | RMO advances 3% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off 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 -3.51% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -3.51% (StdDev 7.02%) |
Hourly BBV | -1.7 () |
Intraday Trend | -6.3% |
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