The intraday price for Rockwell Medical Technologies has moved below its 200 period 30 minute moving average of 7.4. RMTI is around 7.37 bucks now. Going below the moving average deepens the negative trend.

The price is already below support of $7.85.

Other stocks to watch – these have a positive correlation with Rockwell Medical Technologies:

S&P GSCI Aluminum Index (SG1E) with a correlation of 98.66%

S&P GSCI Aluminum Index Excess Return (SG1F) with a correlation of 98.61%

S&P GSCI Aluminum Index Total Return (SG1G) with a correlation of 98.61%

(UNIT4) with a correlation of 98.48%

(ZCN00) with a correlation of 98.2%

For the math geeks and quants – the most recent Slope: -0.45 Intercept: 7.85 close: 7.37