| TME latest price $10.7300 (1.32%) ($10.5000 - $10.8900) on Tue. Apr. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.88% (three month average) |
RSI | 58 |
Latest Price | $10.7300(1.32%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TME advances 1.3% a day on average for past five trading days. |
Weekly Trend | TME advances 4.7% 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(74%) MCHI(66%) FXI(65%) VWO(55%) ONLN(54%) |
Factors Impacting TME price | TME will decline at least -1.44% 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 | -1.44% (StdDev 2.88%) |
Hourly BBV | 0 () |
Intraday Trend | -1.3% |
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