· Weekly signal · SE
Sea Ltd (SE) extends four-week surge to 34.0%
The weekly context shows renewed demand for the Singapore internet-retail name, though the technical backdrop is still mixed.
Sea Ltd (SE) rose 7.6% for the week ended July 10 as the NYSE-listed consumer cyclical stock extended its rebound in weekly market data.
On the weekly price path over 52 weeks, trading volume reached 25.2 million shares versus a 20.5 million 13-week average. Market Dynamics showed improvement at 1.16, but Relative Strength at -22.1 and an inactive trend signal kept the confirmation uneven.