Technical Analysis for RMGBU - RMG Acquisition Corp. II - Unit

Grade Last Price % Change Price Change
C 10.85 0.84% 0.09
RMGBU closed up 0.84 percent on Thursday, March 4, 2021, on 1.25 times normal volume. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Strong N/A Down Down
Historical RMGBU trend table...

Date Alert Name Type % Chg
Bullish Engulfing Bullish 0.00%
Hammer Candlestick Bullish 0.00%
Lizard Bullish Bullish Day Trade Setup 0.00%
Calm After Storm Range Contraction 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Below Lower BB Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
MACD Bearish Centerline Cross Bearish 0.84%
New Downtrend Bearish 0.84%
Older End-of-Day Signals for RMGBU ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
60 Minute Opening Range Breakdown about 18 hours ago
3x Volume Pace about 22 hours ago
2x Volume Pace about 22 hours ago
1.5x Volume Pace about 22 hours ago
Down 3% about 22 hours ago
View Earlier Intraday Alerts

Get a Trading Sidekick!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

RMG Acquisition Corporation II intends to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses. The company was founded in 2020 and is based in New York, New York.
Classification

Sector: Financial Services
Industry: Shell Companies
Keywords: Mergers And Acquisitions Special Purpose Acquisition Company Human Resource Management Corporations Chase Bank

Is RMGBU a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 13.15
52 Week Low 10.2
Average Volume 413,829
200-Day Moving Average 0.00
50-Day Moving Average 11.52
20-Day Moving Average 12.07
10-Day Moving Average 11.66
Average True Range 0.59
ADX 34.31
+DI 18.64
-DI 24.88
Chandelier Exit (Long, 3 ATRs ) 11.37
Chandelier Exit (Short, 3 ATRs ) 12.03
Upper Bollinger Band 13.29
Lower Bollinger Band 10.85
Percent B (%b) 0.0
BandWidth 20.21
MACD Line -0.14
MACD Signal Line 0.09
MACD Histogram -0.226
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 11.81
Resistance 3 (R3) 11.72 11.30 11.65
Resistance 2 (R2) 11.30 11.06 11.35 11.60
Resistance 1 (R1) 11.08 10.91 11.19 11.17 11.54
Pivot Point 10.66 10.66 10.72 10.71 10.66
Support 1 (S1) 10.44 10.42 10.55 10.53 10.16
Support 2 (S2) 10.02 10.27 10.07 10.10
Support 3 (S3) 9.80 10.02 10.05
Support 4 (S4) 9.89