| RMG latest price $10.1200 (0.2%) ($10.1000 - $10.1500) on Thu. Jun. 18, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.65% (three month average) |
RSI | 69 |
Latest Price | $10.1200(0.2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | RMG advances 50.1% a day on average for past five trading days. |
Weekly Trend | RMG advances 0.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support RMG advance at 0% a week (0% probability) IGOV(28%) BND(23%) BNDX(17%) TIP(13%) BWX(12%) |
Factors Impacting RMG price | RMG will decline at least -0.325% in a week (0% probabilities). XRT(-1%) UUP(-15%) IPO(-12%) XLV(-11%) TBT(-9%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.325% (StdDev 0.65%) |
Hourly BBV | 0 () |
Intraday Trend | -0.3% |
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