| SOXS latest price $1574.4000 (4.63%) ($1449.6000 - $1591.2000) on Fri. Oct. 19, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.8% (three month average) |
RSI | 76 |
Latest Price | $1574.4000(4.63%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 1.2% a day on average for past five trading days. |
Weekly Trend | SOXS advances 9.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based 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%) XHB(5%) VIXM(4%) |
Factors Impacting SOXS price | SOXS will decline at least -1.9% 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 | -1.9% (StdDev 3.8%) |
Hourly BBV | 0 () |
Intraday Trend | 7.4% |
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