| GME latest price $184.0600 (4.69%) ($176.0000 - $188.2100) on Wed. Oct. 13, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.75% (three month average) |
RSI | 42 |
Latest Price | $184.0600(4.69%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | GME advances 1.5% a day on average for past five trading days. |
Weekly Trend | GME declines -1.8% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support GME advance at 0% a week (0% probability) IBUY(46%) IWO(45%) IPO(44%) IWM(44%) IDRV(43%) |
Factors Impacting GME price | GME will decline at least -2.375% in a week (0% probabilities). VIXM(-19%) UUP(-9%) VXX(-5%) IGOV(-3%) UNG(-1%) |
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 | -2.375% (StdDev 4.75%) |
Hourly BBV | 1.3 () |
Intraday Trend | 3.2% |
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