| SE latest price $65.9100 (-0.92%) ($65.0100 - $66.1500) on Tue. Aug. 1, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.48% (three month average) |
RSI | 63 |
Latest Price | $65.9100(-0.92%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SE advances 1.6% 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 | Broad based sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support SE advance at 0% a week (0% probability) SPY(53%) DIA(52%) ONLN(52%) XLF(52%) IVE(51%) |
Factors Impacting SE price | SE will decline at least -1.74% in a week (0% probabilities). VXX(-44%) VIXM(-40%) SHY(-11%) UUP(-7%) IGOV(-7%) |
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 | -1.74% (StdDev 3.48%) |
Hourly BBV | 0.5 () |
Intraday Trend | 0.9% |
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