| SE latest price $308.2700 (6.12%) ($288.1700 - $317.2550) on Tue. Aug. 17, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.77% (three month average) |
RSI | 67 |
Latest Price | $308.2700(6.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SE advances 0.8% a day on average for past five trading days. |
Weekly Trend | SE advances 3.5% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SE advance at 0% a week (0% probability) IBUY(69%) ONLN(69%) IPO(64%) IWO(61%) ARKK(58%) |
Factors Impacting SE price | SE will decline at least -1.385% in a week (0% probabilities). VIXM(-27%) UUP(-23%) VXX(-7%) TBT(-7%) IGOV(-1%) |
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 | -1.385% (StdDev 2.77%) |
Hourly BBV | 1.1 () |
Intraday Trend | 3.8% |
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