| GME latest price $217.8400 (-0.22%) ($211.5500 - $228.9700) on Thu. Nov. 4, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.62% (three month average) |
RSI | 70 |
Latest Price | $217.8400(-0.22%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | GME advances 3.5% a day on average for past five trading days. |
Weekly Trend | GME advances 6.5% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Rotation from value to growth 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 -2.31% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.31% (StdDev 4.62%) |
Hourly BBV | 0.1 () |
Intraday Trend | -1.9% |
| |
|
|