| TME latest price $4.5500 (2.48%) ($4.2300 - $4.5800) on Wed. May. 4, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.82% (three month average) |
RSI | 35 |
Latest Price | $4.5500(2.48%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TME advances 2.4% a day on average for past five trading days. |
Weekly Trend | TME declines -2.9% 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) EWI(95%) QQQ(92%) REMX(92%) EDOC(90%) KWEB(88%) |
Factors Impacting TME price | TME will decline at least -3.41% in a week (0% probabilities). UUP(-48%) TIP(-24%) SHY(-14%) XLU(-5%) VCSH(2%) |
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 | -3.41% (StdDev 6.82%) |
Hourly BBV | 1.8 () |
Intraday Trend | 6.6% |
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