| SOXS latest price $1548.0000 (6.26%) ($1441.2000 - $1566.0000) on Wed. Mar. 28, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.72% (three month average) |
RSI | 63 |
Latest Price | $1548.0000(6.26%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 4.2% a day on average for past five trading days. |
Weekly Trend | SOXS advances 9% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Rotation from growth to value for small cap. |
Correlated ETFs | Broad market will support SOXS advance at 0% a week (0% probability) TLT(6%) VIXM(5%) XHB(4%) DIA(2%) GDXJ(2%) |
Factors Impacting SOXS price | SOXS will decline at least -2.86% in a week (0% probabilities). SPY(-22%) SMH(-22%) QQQ(-22%) IWO(-22%) EWJ(-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 | -2.86% (StdDev 5.72%) |
Hourly BBV | 0 () |
Intraday Trend | 4.6% |
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