| TME latest price $4.2400 (-6.81%) ($4.1400 - $4.4400) on Thu. May. 5, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.82% (three month average) |
RSI | 33 |
Latest Price | $4.2400(-6.81%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TME advances 0.9% a day on average for past five trading days. |
Weekly Trend | TME declines -0.7% 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) QQQ(94%) REMX(94%) KWEB(90%) FXI(84%) ACES(81%) |
Factors Impacting TME price | TME will decline at least -3.41% in a week (0% probabilities). TIP(-48%) UUP(-44%) SHY(-20%) XLU(-5%) BND(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | |
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Market Trend Strength | -3.41% (StdDev 6.82%) |
Hourly BBV | -1.5 () |
Intraday Trend | -3.6% |
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