| SE latest price $338.3200 (1.96%) ($330.2700 - $344.7700) on Tue. Aug. 31, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.48% (three month average) |
RSI | 69 |
Latest Price | $338.3200(1.96%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SE advances 1.6% a day on average for past five trading days. |
Weekly Trend | SE advances 4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal 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 -1.24% 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 | -1.24% (StdDev 2.48%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0.1% |
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