| TME latest price $14.7000 (3.09%) ($14.2100 - $14.8300) on Thu. Aug. 8, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.45% (three month average) |
RSI | 55 |
Latest Price | $14.7000(3.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TME advances 1% a day on average for past five trading days. |
Weekly Trend | TME declines -0.9% 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 -1.225% in a week (0% probabilities). VXX(-28%) VIXM(-26%) UUP(-14%) TLT(-7%) TIP(-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 | -1.225% (StdDev 2.45%) |
Hourly BBV | 0 () |
Intraday Trend | 2.5% |
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