| NMRD latest price $7.5700 (8.61%) ($7.5700 - $7.5700) on Wed. Sep. 1, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.76% (three month average) |
RSI | 53 |
Latest Price | $7.5700(8.61%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NMRD advances 3.1% a day on average for past five trading days. |
Weekly Trend | NMRD advances 1.8% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support NMRD advance at 0% a week (0% probability) SKYY(19%) XLY(18%) PCY(17%) EWG(16%) IVW(16%) |
Factors Impacting NMRD price | NMRD will decline at least -2.38% in a week (0% probabilities). VIXM(-18%) USO(-17%) XOP(-14%) XLE(-12%) VXX(-12%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -2.38% (StdDev 4.76%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
| |
|
|