| SBE latest price $14.8500 (2.98%) ($13.9450 - $14.8500) on Wed. Oct. 14, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.48% (three month average) |
RSI | 69 |
Latest Price | $14.8500(2.98%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SBE advances 1.6% a day on average for past five trading days. |
Weekly Trend | SBE advances 0.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SBE advance at 0% a week (0% probability) IGOV(47%) ACES(42%) IWC(37%) IWM(37%) XAR(37%) |
Factors Impacting SBE price | SBE will decline at least -2.24% in a week (0% probabilities). VXX(-23%) UNG(-18%) GLD(-18%) VIXM(-16%) UUP(-16%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.24% (StdDev 4.48%) |
Hourly BBV | 0 () |
Intraday Trend | 2.1% |
| |
|
|