| SE latest price $62.2700 (2.67%) ($60.0100 - $62.3600) on Mon. Dec. 12, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 6.41% (three month average) |
RSI | 69 |
Latest Price | $62.2700(2.67%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SE advances 1.1% a day on average for past five trading days. |
Weekly Trend | SE advances 5.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SE advance at 0% a week (0% probability) ONLN(52%) IBUY(50%) SPY(44%) IWO(43%) DRIV(42%) |
Factors Impacting SE price | SE will decline at least -3.205% in a week (0% probabilities). TBT(-7%) XME(-5%) SHY(-3%) UNG(-1%) ACES(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.205% (StdDev 6.41%) |
Hourly BBV | 0.3 () |
Intraday Trend | 2.7% |
| |
|
|