| SE latest price $353.3600 (4.24%) ($337.1300 - $353.8850) on Fri. Sep. 3, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.48% (three month average) |
RSI | 82 |
Latest Price | $353.3600(4.24%) |
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 5% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support SE advance at 0% a week (0% probability) IBUY(70%) ONLN(70%) IPO(64%) IWO(61%) ARKK(58%) |
Factors Impacting SE price | SE will decline at least -1.24% in a week (0% probabilities). VIXM(-28%) UUP(-23%) VXX(-7%) TBT(-7%) IGOV(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.24% (StdDev 2.48%) |
Hourly BBV | 2.2 () |
Intraday Trend | 4.5% |
| |
|
|