| RMG latest price $21.9500 (10.08%) ($19.5500 - $22.1900) on Fri. Dec. 18, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.75% (three month average) |
RSI | 61 |
Latest Price | $21.9500(10.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | RMG advances 0.7% a day on average for past five trading days. |
Weekly Trend | RMG advances 9.9% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support RMG advance at 0% a week (0% probability) UNG(-13%) TAN(68%) SIL(19%) SKYY(6%) SLV(-11%) |
Factors Impacting RMG price | RMG will decline at least -2.875% in a week (0% probabilities). IDRV(-2%) ICLN(278%) IWC(8%) IBB(28%) IWO(22%) |
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 | -2.875% (StdDev 5.75%) |
Hourly BBV | 0 () |
Intraday Trend | 10.1% |
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