| SE latest price $61.0300 (3.25%) ($60.7140 - $61.8400) on Wed. Jul. 12, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.4% (three month average) |
RSI | 50 |
Latest Price | $61.0300(3.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SE advances 1.1% a day on average for past five trading days. |
Weekly Trend | SE declines -0.7% 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) SPY(55%) IVW(54%) ONLN(53%) IVE(51%) VT(51%) |
Factors Impacting SE price | SE will decline at least -1.7% in a week (0% probabilities). VXX(-44%) VIXM(-39%) UUP(-11%) TBT(-5%) SHY(-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 | -1.7% (StdDev 3.4%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0% |
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