| TME latest price $12.7000 (-2.16%) ($12.6200 - $13.0550) on Tue. Nov. 26, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.25% (three month average) |
RSI | 40 |
Latest Price | $12.7000(-2.16%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TME advances 0.9% a day on average for past five trading days. |
Weekly Trend | TME declines -4.4% a week on average for past two weeks. |
Market Behavior | Growth stock 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(73%) MCHI(64%) FXI(62%) ONLN(53%) ARKK(48%) |
Factors Impacting TME price | TME will decline at least -1.125% in a week (0% probabilities). VXX(-27%) VIXM(-25%) UUP(-15%) TLT(-5%) TIP(-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 | -1.125% (StdDev 2.25%) |
Hourly BBV | 0 () |
Intraday Trend | -1.3% |
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