| SBE latest price $44.8900 (-0.75%) ($41.0600 - $48.8000) on Wed. Dec. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.39% (three month average) |
RSI | 73 |
Latest Price | $44.8900(-0.75%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SBE advances 5.2% a day on average for past five trading days. |
Weekly Trend | SBE advances 4.9% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support SBE advance at 0% a week (0% probability) ACES(52%) IVE(50%) ARKG(49%) TBT(58%) SPY(53%) |
Factors Impacting SBE price | SBE will decline at least -3.695% in a week (0% probabilities). VIXM(-53%) VXX(-22%) EDOC(-21%) KWEB(-13%) MCHI(-11%) |
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 | -3.695% (StdDev 7.39%) |
Hourly BBV | 0 () |
Intraday Trend | 4.7% |
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