| GME latest price $24.0500 (-2.12%) ($23.8800 - $24.8000) on Wed. May. 31, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.46% (three month average) |
RSI | 70 |
Latest Price | $24.0500(-2.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | GME advances 0.8% a day on average for past five trading days. |
Weekly Trend | GME advances 5.5% 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) IWM(44%) IWN(44%) XRT(44%) IWO(43%) TAN(38%) |
Factors Impacting GME price | GME will decline at least -2.73% in a week (0% probabilities). VXX(-17%) VIXM(-13%) UUP(-11%) TBT(-9%) SLV(-4%) |
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 | -2.73% (StdDev 5.46%) |
Hourly BBV | 1.1 () |
Intraday Trend | -1.9% |
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