| SBE latest price $14.2500 (7.14%) ($13.3100 - $14.3500) on Thu. Sep. 17, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.6% (three month average) |
RSI | 97 |
Latest Price | $14.2500(7.14%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SBE advances 7% a day on average for past five trading days. |
Weekly Trend | SBE advances 8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off 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 -1.8% in a week (0% probabilities). VXX(-23%) UNG(-20%) UUP(-18%) VIXM(-12%) GLD(-11%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.8% (StdDev 3.6%) |
Hourly BBV | 0 () |
Intraday Trend | 2.3% |
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