Trading Signals: SBE Stock Price Prediction and Forecast

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Thu. Nov. 12, 2020

Trading Signals: SBE Stock Price Prediction and Forecast (Mon. Sep. 16, 2019 - Fri. Feb. 26, 2021)

(Switchback Energy Acquisition Corp)
SBE latest price $16.3700 (-3.71%) ($16.1000 - $17.1000) on Thu. Nov. 12, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   5.09% (three month average)
RSI   53
Latest Price   $16.3700(-3.71%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SBE advances 1.2% a day on average for past five trading days.
Weekly Trend   SBE advances 9.5% 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)
ACES(48%)    BND(46%)    IGOV(45%)    IBUY(39%)    IWC(38%)
Factors Impacting SBE price   SBE will decline at least -2.545% in a week (0% probabilities).
GLD(-26%)    VXX(-20%)    UNG(-20%)    GDX(-19%)    UUP(-17%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.545% (StdDev 5.09%)
Hourly BBV 0 ()
Intraday Trend -3.1%

5 Day Moving Average   $16.66(-1.74%)
10 Day Moving Average   $15.55(5.27%)
20 Day Moving Average   $15.26(7.27%)
To recent high   -3.7%
To recent low   60.6%
Market Cap   $643m

$. SBE price fluctuates within 7.93% (three month std-dev: 5.09%) daily (68% of days).

Sample size 8 Average positive next day return: 0.67%(63%) Average negative next day return: -3.8%(38%) Sample size 8 Average positive next three day return: 2.67%(50%) Average negative next three day return: -4.95%(50%) Sample size 8 Average positive next weekly return: 3.17%(63%) Average negative next weekly return: -4.68%(38%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20201212

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Nov_12_2020	12.18	15.26	15.55	16.66	16.89	16.74	16.37(-3.71%)	UD	OpenLong	75	-0.2	32	-20	5	113	1.6	77%	0.5	42.7	5.09%	0	0.9	53	1.1
2	Nov_11_2020	12.12	15.19	15.28	16.46	16.75	16.81	17(0.24%)	UT	OpenLong	75	0.5	34	80	14	92	1.15	77%	0.58	40.8	5.06%	0	1.5	54	1.8
3	Nov_10_2020	12.05	15.07	14.91	15.9	16.3	17.04	16.96(0.47%)	UT	OpenLong	75	0.9	25	390	18	47	2.22	76%	0.58	33.5	5.06%	0	1.7	52	1.7
4	Nov_9_2020	11.98	14.94	14.59	15.48	15.72	16.69	16.88(4.78%)	UT	OpenLong	75	1.4	29	480	32	19	3.09	76%	0.67	27.6	5.06%	0	1.9	53	1.4
5	Nov_6_2020	11.9	14.84	14.29	14.85	15.03	15.56	16.11(5.09%)	N/A	N/A	0	1.3	15	280	28	-25	2.71	76%	0.34	11.5	5.04%	0	1.4	49	1.7

6	Nov_5_2020	11.86	14.76	14.2	14.27	14.44	14.75	15.33(7.96%)	DP	OpenShort	-65	1.2	-2	190	15	-54	1.97	75%	0.34	-9.5	5.01%	0	0.6	51	1
7	Nov_4_2020	11.82	14.72	14.23	13.93	14	14.5	14.2(-4.7%)	DP	OpenShort	-65	0.3	-10	270	10	-68	2.74	73%	0.34	-22.8	4.93%	0	-0.6	45	0.8
8	Nov_3_2020	11.78	14.71	14.42	13.75	13.77	14.13	14.9(8.68%)	DP	OpenShort	-65	1.3	-6	190	14	-66	2.48	73%	0.34	-36.8	4.89%	0	0.2	51	-0.6
9	Nov_2_2020	11.74	14.66	14.51	13.56	13.46	13.49	13.71(3.63%)	DP	OpenShort	-75	0.2	-20	-10	-3	-72	1.89	71%	0.34	-48.6	4.79%	0	-1	47	-1.4
10	Oct_30_2020	11.7	14.73	14.74	13.65	13.58	13.42	13.23(-2.72%)	DT	OpenShort	-75	-0.5	-30	-100	-17	-67	1.95	71%	0.26	-49.7	4.77%	0	-1.6	37	-1.7

11	Oct_29_2020	11.67	14.84	14.96	14.13	13.97	13.43	13.6(2.1%)	DP	OpenShort	-75	-0.6	-27	-300	-21	-44	1.57	71%	0.34	-31.1	4.76%	0	-1.5	44	-1.4
12	Oct_28_2020	11.63	14.94	15.13	14.6	14.56	13.75	13.32(-4.52%)	DT	OpenShort	-75	-1.6	-27	-400	-28	-23	2.24	71%	0.17	-1.3	4.75%	0	-2	41	-2.6
13	Oct_27_2020	11.61	15.06	15.3	15.17	15.22	14.51	13.95(-1.48%)	N/A	N/A	0	-1.7	-15	-320	-24	14	1.5	71%	0.26	42.9	4.71%	0	-1.5	57	-0.5
14	Oct_26_2020	11.58	15.12	15.38	15.59	15.78	15.37	14.16(-9.29%)	N/A	N/A	0	-2.1	-4	-150	-19	41	2.76	71%	0.35	78	4.71%	0	-1.4	57	-0.4
15	Oct_23_2020	11.54	15.2	15.48	15.98	16.2	15.94	15.61(-2.07%)	UD	OpenLong	65	-0.5	17	-70	-1	72	1.54	78%	0.61	104.3	4.54%	0	0.6	56	1.1

16	Oct_22_2020	11.47	15.11	15.39	15.9	16.22	16.2	15.94(-1.6%)	UD	OpenLong	75	0	18	50	2	65	2.21	77%	0.44	78.2	4.53%	0	0.9	54	1.2
17	Oct_21_2020	11.42	14.95	15.27	15.74	16.09	16.46	16.2(1%)	UT	OpenLong	75	0.4	24	230	13	57	1.92	77%	0.62	55	4.52%	0	1.2	56	0.9
18	Oct_20_2020	11.35	14.75	15.03	15.47	15.69	16.25	16.04(-0.31%)	UD	OpenLong	75	0.5	22	290	19	32	3.15	77%	0.53	42.7	4.53%	0	1.2	52	0.6
19	Oct_19_2020	11.29	14.61	14.81	15.14	15.19	15.71	16.09(5.79%)	UT	OpenLong	75	0.9	12	250	15	3	2.67	77%	0.62	47.9	4.52%	0	1.5	56	0.7
20	Oct_16_2020	11.22	14.49	14.81	14.93	14.86	15.14	15.21(0.46%)	N/A	N/A	0	0.3	3	120	9	-14	2.52	76%	0.54	62.1	4.48%	0	0.8	47	1.4

21	Oct_15_2020	11.16	14.44	14.68	14.82	14.86	14.68	15.14(1.95%)	N/A	N/A	0	0.3	-0	-60	3	-10	1.38	76%	0.36	81	4.48%	0	0.7	61	1.6
22	Oct_14_2020	11.12	14.39	14.7	14.74	14.78	14.59	14.85(2.98%)	UT	OpenLong	75	0.1	6	-80	4	10	1.61	76%	0.54	98.9	4.48%	0	0.5	69	2
23	Oct_13_2020	11.06	14.32	14.76	14.51	14.76	14.88	14.42(-4.19%)	UD	OpenLong	75	-0.1	9	110	3	26	2.09	76%	0.36	82.1	4.47%	0	0.1	69	2.1
24	Oct_12_2020	11.02	14.14	14.84	14.41	14.57	14.97	15.05(2.66%)	UT	OpenLong	75	0.4	15	230	6	40	2.01	76%	0.36	68.4	4.43%	0	0.6	63	2.7
25	Oct_9_2020	10.98	13.92	14.88	14.39	14.34	14.64	14.66(-0.41%)	UD	OpenLong	75	0.2	13	140	0	53	1.82	76%		62.3	4.43%	0	0.5	57	2.6
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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