Trading Signals: RMG Stock Price Prediction and Forecast

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Tue. Dec. 29, 2020

Trading Signals: RMG Stock Price Prediction and Forecast (Mon. Apr. 1, 2019 - Tue. Dec. 29, 2020)

(RMG Acquisition Corp)
RMG latest price $27.0000 (-15.47%) ($25.5000 - $31.1300) on Tue. Dec. 29, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   6.85% (three month average)
RSI   70
Latest Price   $27.0000(-15.47%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   RMG advances 2.2% a day on average for past five trading days.
Weekly Trend   RMG advances 24.1% a week on average for past two weeks.
Market Behavior   Normal for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support RMG advance at 0% a week (0% probability)
UNG(-27%)    SLV(-1%)    EWJ(-61%)    EWG(2%)    GDXJ(11%)
Factors Impacting RMG price   RMG will decline at least -3.425% in a week (0% probabilities).
IWC(60%)    IWO(75%)    JETS(-36%)    LIT(26%)    GDXJ(11%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -3.425% (StdDev 6.85%)
Hourly BBV 0 ()
Intraday Trend -12.6%

Inflection Point   Yes
5 Day Moving Average   $29.38(-8.1%)
10 Day Moving Average   $25.31(6.68%)
20 Day Moving Average   $21.84(23.63%)
To recent high   -20.6%
To recent low   167.3%
Market Cap   $776m

$. RMG price fluctuates within 24.13% (three month std-dev: 6.85%) daily (68% of days).

Sample size 0 Average positive next day return: 0%(0%) Average negative next day return: 0%(0%) Sample size 0 Average positive next three day return: 0%(0%) Average negative next three day return: %(0%) Sample size 0 Average positive next weekly return: 0%(0%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210129

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Dec_29_2020	12.87	21.84	25.31	29.38	30.82	31.52	27(-15.47%)	UD	OpenLong	65	-0.5	46	310	-8	208	11.19	74%	1.34	89.1	6.85%	0	1	70	0.2
2	Dec_28_2020	12.7	21.36	24.67	28.76	30.15	33.82	31.94(-6.06%)	UD	OpenLong	75	0.6	114	1000	65	262	16.28	80%	2.01	96.2	6.49%	0	2	82	1.2
3	Dec_24_2020	12.45	20.57	23.55	26.77	27.29	30.13	34(18.88%)	UT	HoldLong	65	1.6	120	790	80	240	9.14	79%	1.97	101.8	6.37%	0	2.9	78	1.3
4	Dec_23_2020	12.21	19.53	22.13	23.95	24.21	26.48	28.6(12.69%)	UT	HoldLong	65	1.3	90	690	55	196	6.01	77%	1.58	108.8	6.01%	0	2.5	79	0.5
5	Dec_22_2020	12.02	18.68	21.11	22.07	22.31	24.45	25.38(6.19%)	UT	HoldLong	65	1	83	700	54	170	4.5	76%	1.26	102.5	5.85%	0	2.1	78	-0.7

6	Dec_21_2020	11.87	17.97	20.39	20.67	20.56	21.94	23.9(8.88%)	UT	OpenLong	75	1	59	450	32	138	6.05	75%	1.19	91.1	5.82%	0	1.8	73	-1.6
7	Dec_18_2020	11.73	17.32	19.66	19.97	19.63	20.16	21.95(10.08%)	UT	OpenLong	75	0.6	35	140	11	107	3.54	74%	1.03	85.6	5.75%	0	1.4	61	1.2
8	Dec_17_2020	11.61	16.76	19.28	19.84	19.66	19.17	19.94(3.85%)	UD	OpenLong	65	0	23	-200	-7	111	2.26	71%	0.87	83.6	5.64%	0	1	60	1.6
9	Dec_16_2020	11.51	16.29	18.85	20.03	20.4	19.09	19.2(4.63%)	UD	OpenLong	65	-0.3	25	-390	-10	130	2.05	72%	0.79	88	5.64%	0	0.9	67	1.5
10	Dec_15_2020	11.42	15.85	18.44	19.98	20.57	20.16	18.35(-10.09%)	UD	OpenLong	65	-0.5	28	-50	-14	153	4.5	72%	0.71	84.2	5.64%	0	0.7	71	0.8

11	Dec_14_2020	11.34	15.46	18.18	19.99	20.66	21.71	20.41(-4.13%)	UD	OpenLong	75	0.1	73	460	26	213	3.3	76%	0.89	81.9	5.46%	0	1.3	77	-0.6
12	Dec_11_2020	11.24	14.94	17.89	19.24	19.78	20.98	21.29(1.82%)	UT	HoldLong	65	0.6	85	510	32	244	7.05	76%	0.99	75.9	5.43%	0	1.7	80	0.3
13	Dec_10_2020	11.13	14.37	17.43	18.65	18.45	19.61	20.91(10.52%)	UT	HoldLong	65	0.6	99	410	37	284	4.16	76%	1	74.5	5.43%	0	1.9	80	0.9
14	Dec_9_2020	11.02	13.81	16.73	17.52	17.78	18.58	18.92(2.77%)	UT	HoldLong	65	0.4	97	360	36	281	9.22	75%	0.82	68.2	5.3%	0	1.6	79	1
15	Dec_8_2020	10.93	13.36	16.05	16.7	16.77	17.29	18.41(10.5%)	UT	HoldLong	65	0.5	83	230	22	265	2.79	75%	0.74	62.8	5.3%	0	1.6	79	1.6

16	Dec_7_2020	10.85	12.93	15.36	16.11	15.91	16.97	16.66(-9.16%)	UD	OpenLong	75	0.2	67	430	3	260	4.41	73%	0.56	60	5.16%	0	1.3	77	1.1
17	Dec_4_2020	10.79	12.6	14.8	16.33	15.69	16.26	18.34(19.95%)	UT	HoldLong	65	0.7	94	140	20	316	4.9	78%	0.75	65.5	5.04%	0	2	83	1.2
18	Dec_3_2020	10.71	12.16	14.02	16.06	15.88	14.84	15.29(3.24%)	UT	HoldLong	65	-0.3	94	-490	2	369	2.08	74%	0.47	70.5	4.42%	0	1.2	80	0.9
19	Dec_2_2020	10.66	11.9	13.54	15.82	16.1	15.12	14.81(-4.2%)	UD	OpenLong	65	-0.4	94	-370	-1	377	4.37	74%	0.47	70	4.41%	0	1.2	79	1
20	Dec_1_2020	10.61	11.65	13.09	15.23	15.85	16.91	15.46(-12.9%)	UD	OpenLong	75	0.1	116	590	32	366	4.44	74%	0.47	64.3	4.37%	0	1.6	83	1

21	Nov_30_2020	10.56	11.37	12.56	14.4	14.79	17.09	17.75(4.53%)	UT	HoldLong	65	1.5	165	1170	95	373	9.28	85%	0.76	56.5	3.97%	0	2.8	99	1.1
22	Nov_27_2020	10.48	10.96	11.76	13.02	13.19	14.78	16.98(20.51%)	UT	HoldLong	65	2.3	139	880	95	269	11.26	84%	0.67	49.1	3.95%	0	3.5	99	1.1
23	Nov_25_2020	10.41	10.58	11.03	11.73	11.75	12.5	14.09(18.6%)	UT	HoldLong	65	2.5	98	450	66	194	9.5	79%	0.39	46.9	3.04%	0	3.8	98	1.3
24	Nov_24_2020	10.37	10.37	10.6	10.98	11.11	11.59	11.88(5.13%)	UT	HoldLong	65	2	78	340	52	154	5.41	70%	0.19	46.4	2.02%	0	3.3	92	1.1
25	Nov_23_2020	10.35	10.27	10.41	10.64	10.7	11	11.3(4.15%)	UT	HoldLong	65	2.2	51	210	35	100	4.94	66%		39	1.93%	0	3.4	90	1.1
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD