| SE latest price $134.2800 (6.15%) ($127.2300 - $134.4400) on Mon. Aug. 17, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.26% (three month average) |
RSI | 65 |
Latest Price | $134.2800(6.15%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SE advances 1.9% a day on average for past five trading days. |
Weekly Trend | SE advances 1.4% 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 -2.13% in a week (0% probabilities). VIXM(-27%) UUP(-24%) VXX(-9%) TBT(-8%) IGOV(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.13% (StdDev 4.26%) |
Hourly BBV | 0 () |
Intraday Trend | 4.2% |
| |
|
|