| TME latest price $18.5700 (-2.83%) ($18.4500 - $19.9700) on Tue. Mar. 19, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.69% (three month average) |
RSI | 50 |
Latest Price | $18.5700(-2.83%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TME advances 0.3% a day on average for past five trading days. |
Weekly Trend | TME advances 0.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support TME advance at 0% a week (0% probability) KWEB(72%) MCHI(62%) FXI(60%) ONLN(52%) ARKK(48%) |
Factors Impacting TME price | TME will decline at least -1.845% in a week (0% probabilities). VXX(-14%) UUP(-9%) TLT(-8%) TIP(-6%) SHY(-6%) |
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 | -1.845% (StdDev 3.69%) |
Hourly BBV | 0 () |
Intraday Trend | -4.2% |
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