| SE latest price $43.9500 (0%) ($42.5100 - $44.3500) on Mon. Oct. 2, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.65% (three month average) |
RSI | 69 |
Latest Price | $43.9500(0%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SE advances 1.8% a day on average for past five trading days. |
Weekly Trend | SE advances 5.3% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SE advance at 0% a week (0% probability) IVW(70%) SPY(64%) BLOK(61%) INDA(53%) QQQ(51%) |
Factors Impacting SE price | SE will decline at least -2.325% in a week (0% probabilities). GLD(-62%) IGOV(-51%) TIP(-38%) BNDX(-38%) BND(-37%) |
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 | -2.325% (StdDev 4.65%) |
Hourly BBV | 0.2 () |
Intraday Trend | 3% |
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