| SE latest price $194.3700 (-4.22%) ($193.9100 - $204.1200) on Wed. Jan. 6, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.69% (three month average) |
RSI | 56 |
Latest Price | $194.3700(-4.22%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SE advances 0.6% a day on average for past five trading days. |
Weekly Trend | SE advances 0.8% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SE advance at 0% a week (0% probability) IBUY(69%) ONLN(69%) IPO(66%) IWO(61%) ARKK(60%) |
Factors Impacting SE price | SE will decline at least -1.845% in a week (0% probabilities). VIXM(-28%) UUP(-24%) VXX(-9%) TBT(-7%) USO(2%) |
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 | -1.845% (StdDev 3.69%) |
Hourly BBV | -1.6 () |
Intraday Trend | -3.6% |
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