| SE latest price $176.9600 (6.35%) ($170.5900 - $177.5900) on Wed. Nov. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.49% (three month average) |
RSI | 54 |
Latest Price | $176.9600(6.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SE advances 1.7% a day on average for past five trading days. |
Weekly Trend | SE declines -0.2% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth 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(60%) |
Factors Impacting SE price | SE will decline at least -1.745% in a week (0% probabilities). VIXM(-28%) UUP(-24%) VXX(-9%) TBT(-8%) EDOC(-4%) |
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 | -1.745% (StdDev 3.49%) |
Hourly BBV | 1.4 () |
Intraday Trend | 3.3% |
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