| TME latest price $14.9200 (1.57%) ($14.5800 - $15.0200) on Fri. Oct. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.78% (three month average) |
RSI | 56 |
Latest Price | $14.9200(1.57%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TME advances 0.9% a day on average for past five trading days. |
Weekly Trend | TME advances 0.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TME advance at 0% a week (0% probability) KWEB(76%) FXI(69%) MCHI(69%) VWO(60%) EEM(59%) |
Factors Impacting TME price | TME will decline at least -0.89% in a week (0% probabilities). VIXM(-28%) VXX(-27%) UUP(-22%) IGOV(-11%) XLU(-9%) |
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 | -0.89% (StdDev 1.78%) |
Hourly BBV | 0 () |
Intraday Trend | 2.2% |
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