| TME latest price $10.5900 (-0.38%) ($10.5800 - $11.0550) on Mon. Apr. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.89% (three month average) |
RSI | 50 |
Latest Price | $10.5900(-0.38%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TME advances 1.8% a day on average for past five trading days. |
Weekly Trend | TME advances 3.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TME advance at 0% a week (0% probability) KWEB(74%) MCHI(66%) FXI(65%) VWO(55%) ONLN(54%) |
Factors Impacting TME price | TME will decline at least -1.445% in a week (0% probabilities). VXX(-26%) VIXM(-25%) UUP(-21%) TIP(-5%) XLU(-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 | -1.445% (StdDev 2.89%) |
Hourly BBV | 0 () |
Intraday Trend | -2.2% |
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