Stock Trend Analysis Report
Prepared for you on Wednesday, September 30, 2020.
RMG Acquisition Corp. Warrants, each whole warrant exercisable for one share of Class A at an exercise price of $11.50 (NYSE:RMG.WS)
Bull Market Weakness (+75) - RMG.WS is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RMG.WS as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid RMG.WS?
MarketClub looks at technical strength and momentum to determine if the timing is right for RMG.WS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RMG.WS
The long-term trend has been UP since Jun 29th, 2020 at 0.75
The intermediate-term trend has been UP since Aug 18th, 2020 at 1.16
The short-term trend has been DOWN since Sep 23rd, 2020 at 2.00
Smart Scan Analysis for RMG.WS
Based on our trend formula, RMG.WS is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).