| SOXS latest price $7422.0000 (-4.26%) ($7404.6000 - $7698.0000) on Tue. Dec. 6, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.07% (three month average) |
RSI | 38 |
Latest Price | $7422.0000(-4.26%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 0.6% a day on average for past five trading days. |
Weekly Trend | SOXS advances 0.7% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SOXS advance at 0% a week (0% probability) TLT(6%) VIXM(6%) XHB(3%) GDXJ(2%) IPO(2%) |
Factors Impacting SOXS price | SOXS will decline at least -2.035% 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 | -2.035% (StdDev 4.07%) |
Hourly BBV | 0 () |
Intraday Trend | -3.6% |
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