20-day average true range (ATR)
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Signal Says Sea Stock Still Has Upward Momentum
Schaeffers Investment Researchยท 2025-10-14 18:31
Core Viewpoint - Sea Ltd (NYSE:SE) has experienced volatility since reaching a three-year high of $199.30 on September 11, currently trading at $181.34, with a support level emerging around $176.00 [1] Group 1: Stock Performance - The stock is currently down 0.7% from its last trading price [1] - Historical data indicates that after similar trading conditions, the stock was higher one month later 71% of the time, averaging a 3.5% gain [2] - A potential price target based on historical performance could place shares at $187.68 [2] Group 2: Market Dynamics - Short interest in Sea Ltd has been decreasing but still represents 5.2% of the stock's available float [4] - It would take over five days for shorts to cover at the average trading pace, indicating significant pent-up buying power [4]