| TME latest price $10.9000 (-0.64%) ($10.7800 - $11.1200) on Mon. Apr. 13, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.7% (three month average) |
RSI | 70 |
Latest Price | $10.9000(-0.64%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TME advances 0.6% a day on average for past five trading days. |
Weekly Trend | TME advances 5.6% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support TME advance at 0% a week (0% probability) KWEB(74%) MCHI(66%) FXI(65%) ONLN(55%) VWO(55%) |
Factors Impacting TME price | TME will decline at least -1.35% in a week (0% probabilities). VXX(-26%) VIXM(-25%) UUP(-21%) TIP(-6%) XLU(-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 | -1.35% (StdDev 2.7%) |
Hourly BBV | 0 () |
Intraday Trend | 0.2% |
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