| SE latest price $46.6900 (0%) ($45.2400 - $48.3900) on Tue. Oct. 17, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.6% (three month average) |
RSI | 70 |
Latest Price | $46.6900(0%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SE advances 1.2% a day on average for past five trading days. |
Weekly Trend | SE advances 3.3% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SE advance at 0% a week (0% probability) IWC(86%) EWJ(85%) EWY(81%) VUG(95%) IYT(91%) |
Factors Impacting SE price | SE will decline at least -2.3% in a week (0% probabilities). SHY(-74%) VXX(-67%) VIXM(-63%) TIP(-33%) VCIT(-32%) |
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 | -2.3% (StdDev 4.6%) |
Hourly BBV | 0.7 () |
Intraday Trend | 2.3% |
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