| NMRD latest price $5.2300 (4.6%) ($5.0600 - $5.3500) on Tue. May. 5, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 13% (three month average) |
RSI | 50 |
Latest Price | $5.2300(4.6%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NMRD advances 0.4% a day on average for past five trading days. |
Weekly Trend | NMRD declines -1.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support NMRD advance at 0% a week (0% probability) JETS(25%) OIH(24%) XLE(24%) XOP(24%) EWP(22%) |
Factors Impacting NMRD price | NMRD will decline at least -6.5% in a week (0% probabilities). GLD(-19%) BNDX(-17%) XHB(-12%) VIXM(-12%) TLT(-11%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | |
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Market Trend Strength | -6.5% (StdDev 13%) |
Hourly BBV | 0 () |
Intraday Trend | 2.5% |
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