| TME latest price $6.2800 (6.44%) ($6.0700 - $6.2800) on Tue. Feb. 15, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.6% (three month average) |
RSI | 57 |
Latest Price | $6.2800(6.44%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TME advances 1% a day on average for past five trading days. |
Weekly Trend | TME advances 2.3% 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(89%) FXI(84%) MCHI(83%) EEM(75%) VWO(75%) |
Factors Impacting TME price | TME will decline at least -2.3% in a week (0% probabilities). VIXM(-54%) VXX(-48%) UUP(-32%) TIP(-21%) GLD(-18%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | |
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Market Trend Strength | -2.3% (StdDev 4.6%) |
Hourly BBV | 1.2 () |
Intraday Trend | 2.8% |
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