| RMO latest price $13.4900 (2.9%) ($12.5200 - $13.6500) on Wed. Mar. 17, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.96% (three month average) |
RSI | 54 |
Latest Price | $13.4900(2.9%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | RMO advances 2.7% a day on average for past five trading days. |
Weekly Trend | RMO advances 6.1% a week on average for past two weeks. |
Market Behavior | Value stock 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(14%) IWC(14%) IBUY(13%) IPO(13%) IWO(13%) |
Factors Impacting RMO price | RMO will decline at least -3.48% 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 | -3.48% (StdDev 6.96%) |
Hourly BBV | -0.4 () |
Intraday Trend | 7.5% |
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