| TME latest price $26.8700 (20.98%) ($23.9600 - $27.0000) on Tue. Jan. 19, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.37% (three month average) |
RSI | 92 |
Latest Price | $26.8700(20.98%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TME advances 5.5% a day on average for past five trading days. |
Weekly Trend | TME advances 9.2% a week on average for past two weeks. |
Market Behavior | Growth stock 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(63%) |
Factors Impacting TME price | TME will decline at least -1.685% in a week (0% probabilities). VIXM(-31%) VXX(-29%) UUP(-22%) XLU(-10%) TIP(-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 | -1.685% (StdDev 3.37%) |
Hourly BBV | 0 () |
Intraday Trend | 12.1% |
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