The Hourly View for SE
At the time of this writing, SE (Get Ratings)’s price is up $0.54 (0.22%) from the hour prior. It’s been a feast for bears operating on an hourly timeframe, as SE has now gone down 4 of the past 5 hours. As for the trend on the hourly timeframe, we see the clearest trend on the 50 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.
Out of Business Services stocks, SE ranks 363rd in regards to today’s price percentage change.
SE’s Technical Outlook on the Daily Chart
Currently, SE’s price is down $-9.4 (-3.69%) from the day prior. It’s been a feast for bears operating on the daily timeframe, as SE has now gone down 4 of the past 5 days. If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 50 day timeframe. Regarding moving averages, it should first be noted that price has crossed the 20 day moving average, resulting in them so that price is now turning below it. The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend. Sea Ltd’s price action over the past 90 days can be seen via the chart below.
For SE News Traders
News traders keeping an eye on SE may find value in this recent story:
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