| TME latest price $11.1900 (2.75%) ($10.8200 - $11.4200) on Mon. Apr. 20, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.72% (three month average) |
RSI | 76 |
Latest Price | $11.1900(2.75%) |
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 3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support TME advance at 0% a week (0% probability) KWEB(75%) MCHI(67%) FXI(65%) VWO(56%) ONLN(55%) |
Factors Impacting TME price | TME will decline at least -1.36% in a week (0% probabilities). VXX(-26%) VIXM(-26%) UUP(-22%) XLU(-6%) TIP(-6%) |
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 | -1.36% (StdDev 2.72%) |
Hourly BBV | 0 () |
Intraday Trend | 3.4% |
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