| GME latest price $20.4200 (5.53%) ($19.5100 - $20.8790) on Fri. May. 5, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.69% (three month average) |
RSI | 36 |
Latest Price | $20.4200(5.53%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | GME advances 1.2% a day on average for past five trading days. |
Weekly Trend | GME declines -4.7% 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) IWN(45%) IWM(44%) XRT(44%) IWO(43%) TAN(38%) |
Factors Impacting GME price | GME will decline at least -2.845% in a week (0% probabilities). VXX(-18%) VIXM(-14%) UUP(-11%) TBT(-10%) EDOC(-5%) |
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 | -2.845% (StdDev 5.69%) |
Hourly BBV | 1.4 () |
Intraday Trend | 4.1% |
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