| GME latest price $14.5500 (-10.46%) ($14.3150 - $16.3300) on Thu. Nov. 30, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.6% (three month average) |
RSI | 61 |
Latest Price | $14.5500(-10.46%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | GME advances 3.4% a day on average for past five trading days. |
Weekly Trend | GME advances 4.2% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support GME advance at 0% a week (0% probability) SKYY(58%) XRT(50%) JETS(49%) HYG(46%) IPO(52%) |
Factors Impacting GME price | GME will decline at least -2.3% in a week (0% probabilities). UUP(-23%) URA(-15%) TBT(-12%) KWEB(-8%) FXI(-8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.3% (StdDev 4.6%) |
Hourly BBV | -0 () |
Intraday Trend | -10.5% |
| |
|
|