| GME latest price $16.3600 (10.24%) ($13.5600 - $16.5200) on Thu. Dec. 7, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.24% (three month average) |
RSI | 66 |
Latest Price | $16.3600(10.24%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | GME advances 2.4% a day on average for past five trading days. |
Weekly Trend | GME advances 11.8% 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) XRT(48%) HYG(47%) VCSH(42%) ARKK(40%) BLOK(40%) |
Factors Impacting GME price | GME will decline at least -2.62% in a week (0% probabilities). SPY(-27%) UUP(-23%) URA(-17%) TBT(-12%) KWEB(-11%) |
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 | -2.62% (StdDev 5.24%) |
Hourly BBV | 2.2 () |
Intraday Trend | 18.6% |
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