| SOXS latest price $35928.0000 (13.45%) ($34764.0000 - $37116.0000) on Fri. Jan. 15, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.53% (three month average) |
RSI | 81 |
Latest Price | $35928.0000(13.45%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 2.4% a day on average for past five trading days. |
Weekly Trend | SOXS advances 18.4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SOXS advance at 0% a week (0% probability) VIXM(8%) TLT(6%) GDXJ(2%) SHY(2%) UUP(2%) |
Factors Impacting SOXS price | SOXS will decline at least -2.265% in a week (0% probabilities). SMH(-24%) QQQ(-24%) SPY(-23%) IWO(-23%) IWF(-23%) |
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 | -2.265% (StdDev 4.53%) |
Hourly BBV | 0 () |
Intraday Trend | 1.4% |
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