| SBE latest price $36.8800 (8.22%) ($33.6000 - $42.3000) on Tue. Nov. 24, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 7.05% (three month average) |
RSI | 96 |
Latest Price | $36.8800(8.22%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SBE advances 14% a day on average for past five trading days. |
Weekly Trend | SBE advances 38.9% 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 SBE advance at 0% a week (0% probability) IGOV(75%) ACES(47%) JNK(41%) ONLN(39%) EMHY(36%) |
Factors Impacting SBE price | SBE will decline at least -3.525% in a week (0% probabilities). GLD(-31%) GDX(-27%) GDXJ(-22%) SLV(-21%) VXX(-19%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.525% (StdDev 7.05%) |
Hourly BBV | 0 () |
Intraday Trend | -6.9% |
| |
|
|