| SE latest price $60.0600 (-3.1%) ($59.5300 - $61.2000) on Fri. Oct. 7, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.1% (three month average) |
RSI | 49 |
Latest Price | $60.0600(-3.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SE advances 1.4% a day on average for past five trading days. |
Weekly Trend | SE advances 3.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SE advance at 0% a week (0% probability) IBUY(57%) ONLN(56%) IWO(47%) FIVG(45%) IWM(45%) |
Factors Impacting SE price | SE will decline at least -2.05% in a week (0% probabilities). UUP(-16%) TBT(-15%) VIXM(-1%) VXX(-0%) EDOC(0%) |
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 | -2.05% (StdDev 4.1%) |
Hourly BBV | -0.4 () |
Intraday Trend | -0.3% |
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