| SBE latest price $42.3800 (6.22%) ($40.0359 - $43.4900) on Fri. Jan. 8, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.39% (three month average) |
RSI | 65 |
Latest Price | $42.3800(6.22%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SBE advances 1.2% a day on average for past five trading days. |
Weekly Trend | SBE declines -2.3% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support SBE advance at 0% a week (0% probability) OIH(74%) IWD(59%) IVW(55%) PAVE(80%) QQQ(61%) |
Factors Impacting SBE price | SBE will decline at least -3.695% in a week (0% probabilities). VXX(-30%) FXI(-13%) MCHI(-12%) KWEB(-10%) UNG(-6%) |
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 | 2.9% |
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