| TME latest price $30.4200 (6.66%) ($28.3400 - $30.5350) on Fri. Mar. 19, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.93% (three month average) |
RSI | 63 |
Latest Price | $30.4200(6.66%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TME advances 2.9% a day on average for past five trading days. |
Weekly Trend | TME advances 2.3% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Growth stock rally 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 -1.965% in a week (0% probabilities). VIXM(-34%) VXX(-30%) UUP(-21%) XLU(-13%) TIP(-12%) |
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 | -1.965% (StdDev 3.93%) |
Hourly BBV | 0 () |
Intraday Trend | 6.5% |
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