| SOXS latest price $7290.0000 (1.59%) ($7128.0000 - $7296.0000) on Wed. Nov. 30, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.53% (three month average) |
RSI | 25 |
Latest Price | $7290.0000(1.59%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 0.5% a day on average for past five trading days. |
Weekly Trend | SOXS declines -10.1% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support SOXS advance at 0% a week (0% probability) TLT(6%) VIXM(6%) IPO(3%) XHB(3%) GDXJ(2%) |
Factors Impacting SOXS price | SOXS will decline at least -1.765% in a week (0% probabilities). SMH(-23%) QQQ(-23%) XLK(-22%) SPY(-22%) IWO(-22%) |
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 | -1.765% (StdDev 3.53%) |
Hourly BBV | 0 () |
Intraday Trend | 2.3% |
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