| TME latest price $15.8200 (0.51%) ($15.4900 - $15.8500) on Thu. Jul. 30, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.81% (three month average) |
RSI | 32 |
Latest Price | $15.8200(0.51%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TME advances 0.1% a day on average for past five trading days. |
Weekly Trend | TME declines -1.7% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support TME advance at 0% a week (0% probability) KWEB(75%) MCHI(68%) FXI(67%) VWO(59%) EEM(58%) |
Factors Impacting TME price | TME will decline at least -1.405% in a week (0% probabilities). VIXM(-28%) VXX(-27%) UUP(-22%) XLU(-8%) TIP(-7%) |
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 | -1.405% (StdDev 2.81%) |
Hourly BBV | 0 () |
Intraday Trend | 0.7% |
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