| TME latest price $20.6000 (-1.67%) ($19.9600 - $20.7100) on Thu. Jan. 7, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.17% (three month average) |
RSI | 83 |
Latest Price | $20.6000(-1.67%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TME advances 1.4% a day on average for past five trading days. |
Weekly Trend | TME advances 4.4% 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(78%) MCHI(72%) FXI(71%) VWO(64%) EEM(62%) |
Factors Impacting TME price | TME will decline at least -1.085% in a week (0% probabilities). VIXM(-31%) VXX(-29%) UUP(-23%) XLU(-10%) TIP(-10%) |
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 | -1.085% (StdDev 2.17%) |
Hourly BBV | 0 () |
Intraday Trend | 2.1% |
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