| SE latest price $124.4600 (10.24%) ($118.0100 - $126.6800) on Wed. Jul. 8, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.87% (three month average) |
RSI | 67 |
Latest Price | $124.4600(10.24%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SE advances 3% a day on average for past five trading days. |
Weekly Trend | SE advances 4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support SE advance at 0% a week (0% probability) IBUY(69%) ONLN(69%) IPO(66%) ARKK(60%) IWO(59%) |
Factors Impacting SE price | SE will decline at least -1.935% in a week (0% probabilities). VIXM(-28%) UUP(-25%) VXX(-10%) TBT(-8%) DRIV(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.935% (StdDev 3.87%) |
Hourly BBV | 0 () |
Intraday Trend | 5.5% |
| |
|
|