| TME latest price $14.3000 (5.07%) ($13.6600 - $14.3500) on Mon. Jun. 10, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.96% (three month average) |
RSI | 56 |
Latest Price | $14.3000(5.07%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TME advances 2.2% a day on average for past five trading days. |
Weekly Trend | TME declines -1.2% 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 TME advance at 0% a week (0% probability) KWEB(72%) MCHI(63%) FXI(61%) ONLN(52%) IBUY(49%) |
Factors Impacting TME price | TME will decline at least -1.48% 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 | -1.48% (StdDev 2.96%) |
Hourly BBV | 0 () |
Intraday Trend | 4.7% |
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