| RMG latest price $10.1500 (0.3%) ($10.1200 - $10.1800) on Fri. Jun. 19, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.63% (three month average) |
RSI | 72 |
Latest Price | $10.1500(0.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | RMG advances 33.6% a day on average for past five trading days. |
Weekly Trend | RMG advances 0.6% 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) BND(23%) BNDX(19%) VCSH(19%) CEMB(18%) VCIT(18%) |
Factors Impacting RMG price | RMG will decline at least -0.315% in a week (0% probabilities). REMX(-16%) LIT(-15%) XHB(-12%) UUP(-12%) KWEB(-11%) |
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 | -0.315% (StdDev 0.63%) |
Hourly BBV | 0 () |
Intraday Trend | 0.3% |
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