| RMG latest price $20.4100 (-4.13%) ($19.3000 - $22.5300) on Mon. Dec. 14, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.46% (three month average) |
RSI | 77 |
Latest Price | $20.4100(-4.13%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | RMG advances 3.9% a day on average for past five trading days. |
Weekly Trend | RMG advances 18.4% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support RMG advance at 0% a week (0% probability) UNG(3%) TAN(45%) SKYY(13%) SIL(3%) SLV(-15%) |
Factors Impacting RMG price | RMG will decline at least -2.73% in a week (0% probabilities). IDRV(-10%) ICLN(76%) IPO(197%) IWC(13%) IBB(31%) |
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 | -2.73% (StdDev 5.46%) |
Hourly BBV | 0 () |
Intraday Trend | -7.2% |
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