| TME latest price $13.5800 (5.68%) ($13.0200 - $14.0850) on Fri. Jun. 19, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.72% (three month average) |
RSI | 62 |
Latest Price | $13.5800(5.68%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TME advances 2% a day on average for past five trading days. |
Weekly Trend | TME advances 1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal 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 -1.36% in a week (0% probabilities). VXX(-26%) VIXM(-26%) 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 | -1.36% (StdDev 2.72%) |
Hourly BBV | 0 () |
Intraday Trend | 3.5% |
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