| SBE latest price $43.0000 (11.51%) ($36.1500 - $44.4100) on Wed. Dec. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.75% (three month average) |
RSI | 81 |
Latest Price | $43.0000(11.51%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SBE advances 8% a day on average for past five trading days. |
Weekly Trend | SBE advances 13.4% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support SBE advance at 0% a week (0% probability) ACES(39%) XHB(38%) IWO(35%) ARKG(34%) ARKK(34%) |
Factors Impacting SBE price | SBE will decline at least -3.875% in a week (0% probabilities). VIXM(-30%) VXX(-17%) UNG(-17%) XLC(-14%) SLV(-14%) |
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 | -3.875% (StdDev 7.75%) |
Hourly BBV | 0 () |
Intraday Trend | 7.5% |
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