| GME latest price $124.1800 (5.08%) ($113.1200 - $127.7500) on Wed. Mar. 3, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 31.11% (three month average) |
RSI | 81 |
Latest Price | $124.1800(5.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | GME advances 6% a day on average for past five trading days. |
Weekly Trend | GME advances 65.9% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Rotation from growth to value for small cap. |
Correlated ETFs | Broad market will support GME advance at 0% a week (0% probability) IWC(40%) IWM(38%) IWN(38%) XRT(38%) IWO(36%) |
Factors Impacting GME price | GME will decline at least -15.555% in a week (0% probabilities). VIXM(-15%) UUP(-7%) VXX(-4%) TLT(-4%) IGOV(-2%) |
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 | -15.555% (StdDev 31.11%) |
Hourly BBV | 0.4 () |
Intraday Trend | 1.7% |
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