| SE latest price $37.5600 (1.79%) ($36.7800 - $37.5800) on Tue. Aug. 29, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.39% (three month average) |
RSI | 16 |
Latest Price | $37.5600(1.79%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SE advances 0.6% a day on average for past five trading days. |
Weekly Trend | SE declines -17.9% 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(53%) SMH(52%) VFMO(52%) IVW(51%) BOTZ(50%) |
Factors Impacting SE price | SE will decline at least -2.195% in a week (0% probabilities). VXX(-38%) VIXM(-35%) GLD(-32%) IGOV(-24%) TIP(-19%) |
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 | -2.195% (StdDev 4.39%) |
Hourly BBV | 1.2 () |
Intraday Trend | 1.5% |
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