| GME latest price $16.2500 (20.46%) ($14.7000 - $17.5600) on Wed. Nov. 29, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.42% (three month average) |
RSI | 64 |
Latest Price | $16.2500(20.46%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | GME advances 5.9% a day on average for past five trading days. |
Weekly Trend | GME advances 2.3% 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) SKYY(55%) XRT(50%) JETS(48%) HYG(46%) IWN(42%) |
Factors Impacting GME price | GME will decline at least -2.21% in a week (0% probabilities). UUP(-22%) EDOC(-22%) URA(-16%) TBT(-11%) KWEB(-11%) |
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 | -2.21% (StdDev 4.42%) |
Hourly BBV | 1.2 () |
Intraday Trend | 4.6% |
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