| TME latest price $13.5000 (0.97%) ($13.3800 - $13.7700) on Wed. Oct. 16, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.04% (three month average) |
RSI | 61 |
Latest Price | $13.5000(0.97%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TME advances 1% a day on average for past five trading days. |
Weekly Trend | TME advances 2.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TME advance at 0% a week (0% probability) KWEB(73%) MCHI(64%) FXI(62%) ONLN(52%) ARKK(48%) |
Factors Impacting TME price | TME will decline at least -1.02% in a week (0% probabilities). VXX(-27%) VIXM(-26%) UUP(-15%) TLT(-5%) TIP(-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 | -1.02% (StdDev 2.04%) |
Hourly BBV | 0 () |
Intraday Trend | 0.3% |
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