| SOXS latest price $1226.4000 (2.92%) ($1183.2000 - $1243.2000) on Mon. Jul. 30, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.47% (three month average) |
RSI | 55 |
Latest Price | $1226.4000(2.92%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 0.1% a day on average for past five trading days. |
Weekly Trend | SOXS declines -1.7% 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) IPO(6%) TLT(6%) VXX(6%) VIXM(5%) XHB(5%) |
Factors Impacting SOXS price | SOXS will decline at least -1.735% in a week (0% probabilities). SMH(-22%) QQQ(-22%) EWJ(-22%) SPY(-21%) IWO(-21%) |
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 | -1.735% (StdDev 3.47%) |
Hourly BBV | 0 () |
Intraday Trend | 2.8% |
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