Rmg Acquisition Corp Cl A (RMG) Stock Technical Analysis
NYSE:RMG - New York Stock Exchange, Inc. -
Overall RMG gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RMG is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
RMG has an average volume of 3440990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, RMG did better than 96% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
RMG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RMG is lagging the market.
In the last month RMG has a been trading in the 12.88 - 38.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although RMG has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
9.86
27.27
3 important support areas can be observed.
- Support @20.60 from a trend line in the daily time frame.
- A support zone ranging from 10.18 to 10.22. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Strong support @9.96 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.77
Mansfield10.15
10 Day High38.9
10 Day Low18
20 Day High38.9
20 Day Low12.88
52 Week High38.9
52 Week Low9.5
Performance
1 Week12.97%
2 Weeks32.29%
1 Month52.11%
3 Month134.78%
6 Month165.49%
12 Month170.27%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.85
RSI(14)62.77
LBB14.06
UBB33.34
27
-4.94 (-15.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-15.47%
1 Week12.97%
2 Weeks32.29%
1 Month52.11%
3 Month134.78%
6 Month165.49%
12 Month170.27%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.2
ATR(20)%13.45%
ATR Inc128.1%
Range Today5.63
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.77
Mansfield10.15
10 Day High38.9
10 Day Low18
20 Day High38.9
20 Day Low12.88
52 Week High38.9
52 Week Low9.5
CS1 End20.6
CR1 StartN/A
Volume & EV
DER(3)0.11%
DER(5)0.17%
Volume11.43M
Volume Incr78.35%
Vol(5)9.52M
Vol(50)3.44M