| SBE latest price $16.5500 (1.1%) ($15.8700 - $17.4800) on Fri. Nov. 13, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.09% (three month average) |
RSI | 66 |
Latest Price | $16.5500(1.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SBE advances 0.5% a day on average for past five trading days. |
Weekly Trend | SBE advances 11% 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(47%) BND(45%) IBUY(38%) IWC(36%) IWM(36%) |
Factors Impacting SBE price | SBE will decline at least -2.545% in a week (0% probabilities). GLD(-27%) GDX(-21%) VXX(-18%) UNG(-18%) SLV(-17%) |
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 | -2.545% (StdDev 5.09%) |
Hourly BBV | 0 () |
Intraday Trend | -2.1% |
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