| SBE latest price $40.5900 (-6.9%) ($38.9000 - $42.1650) on Tue. Dec. 29, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.38% (three month average) |
RSI | 56 |
Latest Price | $40.5900(-6.9%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SBE advances 0.7% a day on average for past five trading days. |
Weekly Trend | SBE advances 7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SBE advance at 0% a week (0% probability) ACES(58%) XHB(56%) TBT(76%) SPY(56%) IVE(61%) |
Factors Impacting SBE price | SBE will decline at least -3.69% in a week (0% probabilities). VIXM(-54%) VXX(-23%) MCHI(-15%) KWEB(-15%) LQD(-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 | -3.69% (StdDev 7.38%) |
Hourly BBV | 0 () |
Intraday Trend | -3.4% |
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