| SE latest price $61.3200 (-1.18%) ($60.7400 - $62.6600) on Thu. Jan. 19, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 6.46% (three month average) |
RSI | 80 |
Latest Price | $61.3200(-1.18%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SE advances 1.5% a day on average for past five trading days. |
Weekly Trend | SE advances 7.9% a week on average for past two weeks. |
Market Behavior | Value stocks 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) ONLN(51%) IBUY(48%) VT(43%) IWO(42%) XRT(42%) |
Factors Impacting SE price | SE will decline at least -3.23% in a week (0% probabilities). VIXM(-34%) SHY(-5%) UUP(-4%) TIP(-3%) IGOV(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.23% (StdDev 6.46%) |
Hourly BBV | -0.5 () |
Intraday Trend | -0.9% |
| |
|
|