Aroon Indicator for RMI shows an upward move is likely
RMI's Aroon Indicator triggered a bullish signal on February 20, 2025. Tickeron's A.I.dvisor detected that the AroonUp green line is above 70 while the AroonDown red line is below 30. When the up indicator moves above 70 and the down indicator remains below 30, it is a sign that the stock could be setting up for a bullish move. Traders may want to buy the stock or look to buy calls options. A.I.dvisor looked at 240 similar instances where the Aroon Indicator showed a similar pattern. In of the 240 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The 10-day moving average for RMI crossed bullishly above the 50-day moving average on January 27, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 15 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The 10-day RSI Indicator for RMI moved out of overbought territory on February 06, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 38 similar instances where the indicator moved out of overbought territory. In of the 38 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 16 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Moving Average Convergence Divergence Histogram (MACD) for RMI turned negative on February 24, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 49 similar instances when the indicator turned negative. In of the 49 cases the stock turned lower in the days that followed. This puts the odds of success at .
The 50-day moving average for RMI moved below the 200-day moving average on January 31, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
General Information
Category Unknown
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| BKPSX | 56.45 | 1.19 | +2.15% |
| ProFunds Banks UltraSector Svc | |||
| MUESX | 33.37 | 0.56 | +1.71% |
| MFS Blended Research Core Equity R2 | |||
| TGVCX | 48.54 | 0.76 | +1.59% |
| Touchstone Growth Opportunities C | |||
| DMCFX | 27.15 | 0.37 | +1.38% |
| Invesco Discovery Mid Cap Growth R5 | |||
| HISCX | 27.58 | 0.32 | +1.17% |
| Hartford Small Cap Growth HLS IA | |||
RMI and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, RMI has been loosely correlated with NEA. These tickers have moved in lockstep 56% of the time. This A.I.-generated data suggests there is some statistical probability that if RMI jumps, then NEA could also see price increases.