| GME latest price $22.5800 (-5.4%) ($22.1300 - $24.5900) on Thu. Mar. 23, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 6.76% (three month average) |
RSI | 65 |
Latest Price | $22.5800(-5.4%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | GME advances 6.3% a day on average for past five trading days. |
Weekly Trend | GME advances 4.7% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support GME advance at 0% a week (0% probability) IDRV(34%) XRT(34%) REMX(31%) IWM(30%) IWN(30%) |
Factors Impacting GME price | GME will decline at least -3.38% in a week (0% probabilities). VIXM(-18%) VXX(-15%) UUP(-14%) TBT(-11%) SKYY(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.38% (StdDev 6.76%) |
Hourly BBV | 0.2 () |
Intraday Trend | -0.6% |
| |
|
|