| TME latest price $13.6100 (3.11%) ($13.2000 - $13.9300) on Fri. Jun. 7, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.94% (three month average) |
RSI | 47 |
Latest Price | $13.6100(3.11%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TME advances 0.5% a day on average for past five trading days. |
Weekly Trend | TME declines -2.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support TME advance at 0% a week (0% probability) KWEB(72%) MCHI(63%) FXI(61%) ONLN(53%) IBUY(49%) |
Factors Impacting TME price | TME will decline at least -1.47% in a week (0% probabilities). VXX(-28%) UUP(-13%) TLT(-7%) TIP(-5%) SHY(-4%) |
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 | -1.47% (StdDev 2.94%) |
Hourly BBV | 0 () |
Intraday Trend | 2% |
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