| TME latest price $30.8700 (1.48%) ($29.8100 - $31.1200) on Mon. Mar. 22, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.96% (three month average) |
RSI | 62 |
Latest Price | $30.8700(1.48%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TME advances 3.2% a day on average for past five trading days. |
Weekly Trend | TME advances 4.6% a week on average for past two weeks. |
Market Behavior | Growth stock rally 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(81%) MCHI(75%) FXI(73%) VWO(67%) EEM(66%) |
Factors Impacting TME price | TME will decline at least -1.98% in a week (0% probabilities). VIXM(-34%) VXX(-30%) UUP(-21%) XLU(-13%) TIP(-13%) |
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 | -1.98% (StdDev 3.96%) |
Hourly BBV | 0 () |
Intraday Trend | 2.9% |
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