| TME latest price $18.5700 (3.51%) ($17.8900 - $18.6600) on Wed. Apr. 17, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.74% (three month average) |
RSI | 63 |
Latest Price | $18.5700(3.51%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TME advances 0.7% a day on average for past five trading days. |
Weekly Trend | TME declines -1% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support TME advance at 0% a week (0% probability) KWEB(72%) MCHI(63%) FXI(61%) ONLN(52%) ARKK(48%) |
Factors Impacting TME price | TME will decline at least -1.87% in a week (0% probabilities). VXX(-14%) UUP(-10%) TLT(-8%) TIP(-5%) SHY(-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 | -1.87% (StdDev 3.74%) |
Hourly BBV | 0 () |
Intraday Trend | 3.2% |
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