| SE latest price $39.2200 (5.12%) ($37.2010 - $40.1300) on Wed. Sep. 6, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.44% (three month average) |
RSI | 43 |
Latest Price | $39.2200(5.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SE advances 0.9% a day on average for past five trading days. |
Weekly Trend | SE declines -0.5% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support SE advance at 0% a week (0% probability) SMH(51%) SPY(48%) VFMO(48%) BOTZ(47%) IVW(46%) |
Factors Impacting SE price | SE will decline at least -2.22% in a week (0% probabilities). GLD(-37%) VXX(-34%) VIXM(-30%) TIP(-26%) SLV(-24%) |
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 | -2.22% (StdDev 4.44%) |
Hourly BBV | 1.1 () |
Intraday Trend | 5.2% |
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