| SOXS latest price $20670.0000 (4.55%) ($20154.0000 - $20898.0000) on Thu. Apr. 7, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.92% (three month average) |
RSI | 46 |
Latest Price | $20670.0000(4.55%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 0.8% a day on average for past five trading days. |
Weekly Trend | SOXS declines -1% 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(7%) TLT(6%) XHB(3%) GDXJ(2%) SHY(2%) |
Factors Impacting SOXS price | SOXS will decline at least -2.46% in a week (0% probabilities). SMH(-24%) SPY(-23%) QQQ(-23%) XLK(-22%) VT(-22%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.46% (StdDev 4.92%) |
Hourly BBV | 0 () |
Intraday Trend | 2.5% |
| |
|
|