| SE latest price $43.1200 (2.45%) ($41.5800 - $43.4400) on Thu. Sep. 28, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.65% (three month average) |
RSI | 67 |
Latest Price | $43.1200(2.45%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SE advances 3.7% a day on average for past five trading days. |
Weekly Trend | SE advances 2.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SE advance at 0% a week (0% probability) IVW(60%) SPY(58%) INDA(57%) QQQ(54%) BOTZ(53%) |
Factors Impacting SE price | SE will decline at least -2.325% in a week (0% probabilities). GLD(-42%) IGOV(-37%) VXX(-36%) VIXM(-35%) BNDX(-34%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.325% (StdDev 4.65%) |
Hourly BBV | 1.1 () |
Intraday Trend | 1.6% |
| |
|
|