| SE latest price $331.8200 (3.36%) ($324.0400 - $337.4990) on Mon. Aug. 30, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.5% (three month average) |
RSI | 68 |
Latest Price | $331.8200(3.36%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SE advances 1% 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 | Rotation from value to growth for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support SE advance at 0% a week (0% probability) IBUY(70%) ONLN(70%) IPO(64%) IWO(61%) ARKK(58%) |
Factors Impacting SE price | SE will decline at least -1.25% in a week (0% probabilities). VIXM(-28%) UUP(-23%) VXX(-7%) TBT(-7%) IGOV(-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 | -1.25% (StdDev 2.5%) |
Hourly BBV | 1.7 () |
Intraday Trend | 2.1% |
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