| GME latest price $138.7300 (-5.3%) ($135.8300 - $153.0000) on Wed. Jun. 8, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.96% (three month average) |
RSI | 72 |
Latest Price | $138.7300(-5.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | GME advances 2.6% a day on average for past five trading days. |
Weekly Trend | GME advances 18.5% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support GME advance at 0% a week (0% probability) IWC(41%) IBUY(40%) IWO(40%) IWM(39%) IDRV(38%) |
Factors Impacting GME price | GME will decline at least -4.48% in a week (0% probabilities). VIXM(-8%) UUP(-8%) TBT(-5%) VXX(-1%) UNG(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -4.48% (StdDev 8.96%) |
Hourly BBV | 0.2 () |
Intraday Trend | -1.9% |
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