| TME latest price $11.4100 (3.45%) ($11.0000 - $11.4900) on Mon. May. 11, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.88% (three month average) |
RSI | 56 |
Latest Price | $11.4100(3.45%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TME advances 1.4% a day on average for past five trading days. |
Weekly Trend | TME declines -0.8% a week on average for past two weeks. |
Market Behavior | Normal 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%) EEM(55%) |
Factors Impacting TME price | TME will decline at least -1.44% in a week (0% probabilities). VXX(-25%) VIXM(-25%) UUP(-21%) XLU(-7%) 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 | -1.44% (StdDev 2.88%) |
Hourly BBV | 0 () |
Intraday Trend | 2.7% |
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