| TME latest price $28.5200 (2.22%) ($27.2300 - $28.8550) on Thu. Mar. 18, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.89% (three month average) |
RSI | 63 |
Latest Price | $28.5200(2.22%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TME advances 0.5% a day on average for past five trading days. |
Weekly Trend | TME advances 0.8% 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(81%) MCHI(74%) FXI(73%) VWO(67%) EEM(66%) |
Factors Impacting TME price | TME will decline at least -1.945% in a week (0% probabilities). VIXM(-34%) VXX(-30%) UUP(-22%) XLU(-12%) 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 | -1.945% (StdDev 3.89%) |
Hourly BBV | 0 () |
Intraday Trend | 3.7% |
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