| GME latest price $128.3300 (1.72%) ($123.9200 - $132.8500) on Wed. Feb. 16, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.86% (three month average) |
RSI | 74 |
Latest Price | $128.3300(1.72%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | GME advances 0.7% a day on average for past five trading days. |
Weekly Trend | GME advances 10.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support GME advance at 0% a week (0% probability) IBUY(46%) IWO(45%) IPO(44%) IWM(43%) ONLN(43%) |
Factors Impacting GME price | GME will decline at least -2.93% in a week (0% probabilities). VIXM(-17%) UUP(-9%) VXX(-3%) TBT(-3%) EDOC(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.93% (StdDev 5.86%) |
Hourly BBV | 1.1 () |
Intraday Trend | 2.7% |
| |
|
|