| GME latest price $23.8700 (35.24%) ($23.0500 - $27.0000) on Wed. Mar. 22, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.71% (three month average) |
RSI | 71 |
Latest Price | $23.8700(35.24%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | GME advances 9.4% a day on average for past five trading days. |
Weekly Trend | GME advances 0.7% 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) IDRV(34%) XRT(34%) IWN(31%) REMX(31%) IWM(30%) |
Factors Impacting GME price | GME will decline at least -3.355% in a week (0% probabilities). VIXM(-18%) VXX(-16%) UUP(-14%) TBT(-11%) SKYY(-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 | -3.355% (StdDev 6.71%) |
Hourly BBV | 1.3 () |
Intraday Trend | -10.1% |
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