| RMG latest price $10.0199 (2.56%) ($10.0199 - $10.0199) on Thu. Jul. 11, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.5% (three month average) |
RSI | 84 |
Latest Price | $10.0199(2.56%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | RMG advances 0.5% a day on average for past five trading days. |
Weekly Trend | RMG advances 0.5% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support RMG advance at 0% a week (0% probability) SLV(21%) REMX(11%) TAN(10%) ACES(8%) GLD(8%) |
Factors Impacting RMG price | RMG will decline at least -0.25% in a week (0% probabilities). VXX(-3%) UUP(-3%) SKYY(-3%) PEJ(-3%) XRT(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.25% (StdDev 0.5%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
| |
|
|