| SBE latest price $14.9000 (8.68%) ($13.8750 - $15.3999) on Tue. Nov. 3, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.89% (three month average) |
RSI | 51 |
Latest Price | $14.9000(8.68%) |
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 -5.8% 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 SBE advance at 0% a week (0% probability) ACES(49%) IWC(41%) IWM(41%) BNDX(54%) IBUY(40%) |
Factors Impacting SBE price | SBE will decline at least -2.445% in a week (0% probabilities). VXX(-24%) GLD(-22%) UNG(-21%) VIXM(-17%) UUP(-17%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.445% (StdDev 4.89%) |
Hourly BBV | 0 () |
Intraday Trend | 5.1% |
| |
|
|