| GME latest price $40.0200 (4.33%) ($36.5600 - $40.4300) on Fri. Aug. 5, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 12.05% (three month average) |
RSI | 23 |
Latest Price | $40.0200(4.33%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | GME advances 3.3% a day on average for past five trading days. |
Weekly Trend | GME declines -54.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support GME advance at 0% a week (0% probability) IBUY(44%) IDRV(44%) IWM(44%) IWN(44%) IWO(44%) |
Factors Impacting GME price | GME will decline at least -6.025% in a week (0% probabilities). UUP(-10%) TBT(-10%) VIXM(-6%) VXX(-1%) UNG(3%) |
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 | -6.025% (StdDev 12.05%) |
Hourly BBV | 2.1 () |
Intraday Trend | 8.2% |
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