| TME latest price $12.3000 (-0.81%) ($12.0000 - $12.5600) on Fri. Jun. 12, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.78% (three month average) |
RSI | 59 |
Latest Price | $12.3000(-0.81%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TME advances 0.1% a day on average for past five trading days. |
Weekly Trend | TME advances 0.4% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TME advance at 0% a week (0% probability) KWEB(75%) MCHI(67%) FXI(66%) VWO(57%) EEM(56%) |
Factors Impacting TME price | TME will decline at least -1.39% in a week (0% probabilities). VXX(-25%) VIXM(-25%) UUP(-22%) XLU(-9%) 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 | -1.39% (StdDev 2.78%) |
Hourly BBV | 0 () |
Intraday Trend | -1.8% |
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