| RMO latest price $10.4500 (-18.36%) ($10.3100 - $12.5900) on Wed. Apr. 7, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 10.48% (three month average) |
RSI | 45 |
Latest Price | $10.4500(-18.36%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | RMO advances 0.2% a day on average for past five trading days. |
Weekly Trend | RMO declines -13.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support RMO advance at 0% a week (0% probability) LQD(11%) BND(10%) VCIT(10%) BNDX(9%) XHB(9%) |
Factors Impacting RMO price | RMO will decline at least -5.24% in a week (0% probabilities). UNG(-13%) TBT(-9%) VIXM(-5%) USO(-4%) SLV(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -5.24% (StdDev 10.48%) |
Hourly BBV | 0.4 () |
Intraday Trend | -9.7% |
| |
|
|