| TME latest price $10.8300 (-2.61%) ($10.7700 - $11.0550) on Wed. Apr. 15, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.71% (three month average) |
RSI | 66 |
Latest Price | $10.8300(-2.61%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TME advances 0.2% 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 | Broad based 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 -1.355% 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 | -1.355% (StdDev 2.71%) |
Hourly BBV | 0 () |
Intraday Trend | -0.9% |
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