| SOXS latest price $1612.8000 (11.44%) ($1452.5300 - $1652.4000) on Mon. Apr. 2, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.86% (three month average) |
RSI | 73 |
Latest Price | $1612.8000(11.44%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 1.6% a day on average for past five trading days. |
Weekly Trend | SOXS advances 10.4% 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) TLT(6%) VIXM(5%) XHB(4%) DIA(2%) GDXJ(2%) |
Factors Impacting SOXS price | SOXS will decline at least -2.93% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.93% (StdDev 5.86%) |
Hourly BBV | 0 () |
Intraday Trend | 8.4% |
| |
|
|