| TME latest price $26.8100 (0.64%) ($25.3300 - $26.8200) on Thu. Feb. 18, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.62% (three month average) |
RSI | 50 |
Latest Price | $26.8100(0.64%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TME advances 0.4% 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 | Broad based sell-off for large cap. Broad based 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 -1.81% 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 | -1.81% (StdDev 3.62%) |
Hourly BBV | 0 () |
Intraday Trend | 1.1% |
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