| TME latest price $22.2100 (2.35%) ($21.5500 - $22.4800) on Fri. Jan. 15, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.21% (three month average) |
RSI | 80 |
Latest Price | $22.2100(2.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TME advances 1.1% a day on average for past five trading days. |
Weekly Trend | TME advances 6.4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off 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 -1.105% in a week (0% probabilities). VIXM(-31%) VXX(-29%) UUP(-22%) 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 | -1.105% (StdDev 2.21%) |
Hourly BBV | 0 () |
Intraday Trend | 2.4% |
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