| GME latest price $19.3500 (2.38%) ($18.9180 - $19.4800) on Thu. May. 4, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.69% (three month average) |
RSI | 25 |
Latest Price | $19.3500(2.38%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | GME advances 0.4% a day on average for past five trading days. |
Weekly Trend | GME declines -6.2% 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) IWM(45%) IWN(45%) XRT(45%) IWO(44%) TAN(39%) |
Factors Impacting GME price | GME will decline at least -2.845% in a week (0% probabilities). VXX(-20%) VIXM(-15%) UUP(-12%) TBT(-9%) SLV(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.845% (StdDev 5.69%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.5% |
| |
|
|