| SBE latest price $16.0900 (5.79%) ($15.5500 - $16.4900) on Mon. Oct. 19, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.52% (three month average) |
RSI | 56 |
Latest Price | $16.0900(5.79%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SBE advances 1.4% a day on average for past five trading days. |
Weekly Trend | SBE declines -0.2% 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) VCSH(64%) ACES(47%) IWC(39%) IWM(39%) IBUY(37%) |
Factors Impacting SBE price | SBE will decline at least -2.26% in a week (0% probabilities). VXX(-24%) GLD(-20%) UNG(-19%) UUP(-18%) VIXM(-16%) |
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 | -2.26% (StdDev 4.52%) |
Hourly BBV | 0 () |
Intraday Trend | 2.4% |
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