| RMG latest price $34.0000 (18.88%) ($30.1650 - $37.7500) on Thu. Dec. 24, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.37% (three month average) |
RSI | 78 |
Latest Price | $34.0000(18.88%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | RMG advances 11.8% a day on average for past five trading days. |
Weekly Trend | RMG advances 22.1% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support RMG advance at 0% a week (0% probability) UNG(-23%) SLV(-18%) SIL(13%) XLU(-79%) GDX(-126%) |
Factors Impacting RMG price | RMG will decline at least -3.185% in a week (0% probabilities). IDRV(12%) IWC(-1%) IBB(78%) IWO(26%) JETS(-42%) |
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 | -3.185% (StdDev 6.37%) |
Hourly BBV | 0 () |
Intraday Trend | 9.7% |
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