| TME latest price $12.4300 (-0.96%) ($12.2000 - $12.5300) on Mon. Jan. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.37% (three month average) |
RSI | 68 |
Latest Price | $12.4300(-0.96%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TME advances 0.8% a day on average for past five trading days. |
Weekly Trend | TME advances 1.9% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support TME advance at 0% a week (0% probability) KWEB(73%) MCHI(64%) FXI(62%) ONLN(53%) ARKK(49%) |
Factors Impacting TME price | TME will decline at least -1.185% in a week (0% probabilities). VXX(-27%) VIXM(-26%) UUP(-15%) TLT(-4%) 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 | -1.185% (StdDev 2.37%) |
Hourly BBV | 0 () |
Intraday Trend | -0.8% |
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