The investment seeks to provide investment returns that correspond, before fees and expenses, to the performance of the Newfound/ReSolve Robust Equity Momentum Index... Show more
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where ROMO advanced for three days, in of 344 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on May 15, 2025. You may want to consider a long position or call options on ROMO as a result. In of 72 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
ROMO moved above its 50-day moving average on April 29, 2025 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for ROMO crossed bullishly above the 50-day moving average on May 05, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 13 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 .
The Aroon Indicator entered an Uptrend today. In of 322 cases where ROMO Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ROMO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
ROMO broke above its upper Bollinger Band on May 27, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Category ModerateAllocation
A.I.dvisor tells us that ROMO and CSQ have been poorly correlated (+15% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that ROMO and CSQ's prices will move in lockstep.
Ticker / NAME | Correlation To ROMO | 1D Price Change % | ||
---|---|---|---|---|
ROMO | 100% | +0.43% | ||
CSQ - ROMO | 15% Poorly correlated | +0.29% | ||
SCD - ROMO | 11% Poorly correlated | +2.32% | ||
RISN - ROMO | 10% Poorly correlated | -0.30% | ||
TY - ROMO | 10% Poorly correlated | -0.03% | ||
NIE - ROMO | 10% Poorly correlated | +0.09% | ||
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