| GME latest price $137.7400 (4.07%) ($127.5000 - $151.5300) on Fri. Mar. 5, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 30.85% (three month average) |
RSI | 82 |
Latest Price | $137.7400(4.07%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | GME advances 6% a day on average for past five trading days. |
Weekly Trend | GME advances 64.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support GME advance at 0% a week (0% probability) IWC(41%) IWM(38%) IWN(38%) XRT(38%) IWO(37%) |
Factors Impacting GME price | GME will decline at least -15.425% in a week (0% probabilities). VIXM(-15%) UUP(-7%) VXX(-5%) TLT(-3%) IGOV(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -15.425% (StdDev 30.85%) |
Hourly BBV | 1.2 () |
Intraday Trend | 7.5% |
| |
|
|