| TME latest price $13.6000 (0.67%) ($13.3250 - $13.6700) on Thu. Jun. 25, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.59% (three month average) |
RSI | 76 |
Latest Price | $13.6000(0.67%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TME advances 1.1% a day on average for past five trading days. |
Weekly Trend | TME advances 5% a week on average for past two weeks. |
Market Behavior | Broad based 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(68%) FXI(67%) VWO(59%) EEM(58%) |
Factors Impacting TME price | TME will decline at least -1.295% in a week (0% probabilities). VXX(-27%) VIXM(-27%) UUP(-22%) XLU(-10%) 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 | -1.295% (StdDev 2.59%) |
Hourly BBV | 0 () |
Intraday Trend | 1.9% |
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