| GME latest price $27.5200 (3.46%) ($26.1100 - $27.8700) on Fri. Dec. 2, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.61% (three month average) |
RSI | 57 |
Latest Price | $27.5200(3.46%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | GME advances 1% a day on average for past five trading days. |
Weekly Trend | GME declines -1.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support GME advance at 0% a week (0% probability) IDRV(39%) IWM(37%) IWO(37%) IWN(36%) IBUY(34%) |
Factors Impacting GME price | GME will decline at least -2.305% in a week (0% probabilities). XLU(-9%) XLP(-7%) TBT(-4%) XLRE(-2%) VCSH(-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 | -2.305% (StdDev 4.61%) |
Hourly BBV | 1.3 () |
Intraday Trend | 4.8% |
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