| RMG latest price $10.2100 (0.59%) ($10.1400 - $10.2200) on Fri. Nov. 13, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.8% (three month average) |
RSI | 50 |
Latest Price | $10.2100(0.59%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | RMG advances 0.2% a day on average for past five trading days. |
Weekly Trend | RMG advances 0.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support RMG advance at 0% a week (0% probability) ACES(43%) KWEB(68%) JNK(57%) IBUY(43%) HYG(39%) |
Factors Impacting RMG price | RMG will decline at least -0.9% in a week (0% probabilities). FIVG(-39%) XLE(-81%) XLY(-69%) XLV(-57%) SPLV(-57%) |
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 | -0.9% (StdDev 1.8%) |
Hourly BBV | 0 () |
Intraday Trend | 0.1% |
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