| RMG latest price $9.9500 (0.4%) ($9.9500 - $10.0000) on Tue. Apr. 14, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.64% (three month average) |
RSI | 70 |
Latest Price | $9.9500(0.4%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | RMG advances 0.1% a day on average for past five trading days. |
Weekly Trend | RMG advances 1.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support RMG advance at 0% a week (0% probability) BNDX(23%) TLT(14%) BND(13%) IGOV(12%) TIP(8%) |
Factors Impacting RMG price | RMG will decline at least -0.32% in a week (0% probabilities). URA(-25%) XRT(-14%) TBT(-12%) XME(-11%) XLY(-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 | -0.32% (StdDev 0.64%) |
Hourly BBV | 0 () |
Intraday Trend | -0.5% |
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