| TME latest price $11.0100 (8.79%) ($10.1600 - $11.0900) on Thu. Apr. 2, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.86% (three month average) |
RSI | 44 |
Latest Price | $11.0100(8.79%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TME advances 2.1% a day on average for past five trading days. |
Weekly Trend | TME declines -1.9% a week on average for past two weeks. |
Market Behavior | Broad based 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(74%) MCHI(66%) FXI(65%) ONLN(54%) VWO(54%) |
Factors Impacting TME price | TME will decline at least -1.43% in a week (0% probabilities). VXX(-27%) VIXM(-25%) UUP(-20%) TIP(-5%) SHY(-5%) |
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 | -1.43% (StdDev 2.86%) |
Hourly BBV | 0 () |
Intraday Trend | 7.9% |
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