| SE latest price $38.2500 (-2.3%) ($37.5400 - $38.7700) on Fri. Sep. 8, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.4% (three month average) |
RSI | 48 |
Latest Price | $38.2500(-2.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SE advances 0.3% a day on average for past five trading days. |
Weekly Trend | SE advances 1.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support SE advance at 0% a week (0% probability) SMH(52%) SPY(48%) VFMO(47%) BOTZ(46%) IVW(46%) |
Factors Impacting SE price | SE will decline at least -2.2% in a week (0% probabilities). GLD(-38%) VXX(-33%) VIXM(-29%) TIP(-28%) SHY(-27%) |
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 | -2.2% (StdDev 4.4%) |
Hourly BBV | -0.7 () |
Intraday Trend | -0.6% |
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