| TME latest price $28.3000 (7.36%) ($26.5000 - $29.0100) on Tue. Feb. 16, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.52% (three month average) |
RSI | 57 |
Latest Price | $28.3000(7.36%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TME advances 1.6% a day on average for past five trading days. |
Weekly Trend | TME advances 0.2% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support TME advance at 0% a week (0% probability) KWEB(80%) MCHI(73%) FXI(72%) VWO(66%) EEM(65%) |
Factors Impacting TME price | TME will decline at least -1.76% in a week (0% probabilities). VIXM(-34%) VXX(-31%) UUP(-22%) XLU(-11%) TIP(-11%) |
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 | -1.76% (StdDev 3.52%) |
Hourly BBV | 0 () |
Intraday Trend | 5.6% |
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