| GME latest price $39.3600 (10.87%) ($36.6400 - $45.5200) on Tue. Jan. 19, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 10.38% (three month average) |
RSI | 75 |
Latest Price | $39.3600(10.87%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | GME advances 13.2% a day on average for past five trading days. |
Weekly Trend | GME advances 40.6% 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) XRT(48%) IWC(30%) IBUY(23%) IWN(23%) IWM(22%) |
Factors Impacting GME price | GME will decline at least -5.19% in a week (0% probabilities). XLU(-5%) UUP(-4%) IGOV(-3%) VIXM(-2%) UNG(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -5.19% (StdDev 10.38%) |
Hourly BBV | 0 () |
Intraday Trend | -5.3% |
| |
|
|