| SOXS latest price $1197.6000 (1.32%) ($1144.8000 - $1206.0000) on Fri. Sep. 7, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.39% (three month average) |
RSI | 34 |
Latest Price | $1197.6000(1.32%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 1.3% a day on average for past five trading days. |
Weekly Trend | SOXS declines -5.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value 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 -1.695% 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 | -1.695% (StdDev 3.39%) |
Hourly BBV | 0 () |
Intraday Trend | 0.2% |
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