| TME latest price $4.1000 (5.4%) ($3.9600 - $4.1500) on Fri. May. 13, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.8% (three month average) |
RSI | 50 |
Latest Price | $4.1000(5.4%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TME advances 0.5% a day on average for past five trading days. |
Weekly Trend | TME declines -3.2% 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) PEJ(94%) EDOC(98%) DRIV(96%) LIT(93%) IWC(98%) |
Factors Impacting TME price | TME will decline at least -3.4% in a week (0% probabilities). SHY(-17%) USO(29%) IGOV(42%) VCSH(45%) VCIT(45%) |
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 | -3.4% (StdDev 6.8%) |
Hourly BBV | 1.1 () |
Intraday Trend | 3.5% |
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