| GME latest price $7.6500 (14.52%) ($6.7700 - $7.8200) on Tue. Sep. 1, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.69% (three month average) |
RSI | 86 |
Latest Price | $7.6500(14.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | GME advances 9.9% a day on average for past five trading days. |
Weekly Trend | GME advances 15% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support GME advance at 0% a week (0% probability) VIXM(7%) XRT(7%) IGOV(5%) USO(4%) BNDX(3%) |
Factors Impacting GME price | GME will decline at least -2.845% in a week (0% probabilities). ICLN(-8%) BLOK(-8%) INDA(-6%) VFMO(-5%) TAN(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -2.845% (StdDev 5.69%) |
Hourly BBV | 0 () |
Intraday Trend | 4.8% |
| |
|
|