| SBE latest price $13.3000 (27.27%) ($10.2700 - $13.7099) on Wed. Sep. 16, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.53% (three month average) |
RSI | 96 |
Latest Price | $13.3000(27.27%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SBE advances 5.6% a day on average for past five trading days. |
Weekly Trend | SBE advances 3.9% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SBE advance at 0% a week (0% probability) IGOV(43%) VCSH(43%) ACES(40%) XAR(40%) IWC(38%) |
Factors Impacting SBE price | SBE will decline at least -1.765% in a week (0% probabilities). VXX(-23%) UNG(-20%) UUP(-18%) VIXM(-12%) GLD(-10%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.765% (StdDev 3.53%) |
Hourly BBV | 0 () |
Intraday Trend | 27.6% |
| |
|
|