| TME latest price $5.0600 (20.76%) ($4.1000 - $5.2000) on Fri. Mar. 18, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.98% (three month average) |
RSI | 48 |
Latest Price | $5.0600(20.76%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TME advances 8.7% a day on average for past five trading days. |
Weekly Trend | TME declines -9.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support TME advance at 0% a week (0% probability) KWEB(89%) FXI(84%) MCHI(82%) EEM(75%) VWO(75%) |
Factors Impacting TME price | TME will decline at least -3.49% in a week (0% probabilities). VIXM(-74%) VXX(-59%) TBT(-33%) UUP(-29%) TIP(-19%) |
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 | -3.49% (StdDev 6.98%) |
Hourly BBV | 1.9 () |
Intraday Trend | 21.6% |
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