| SOXS latest price $1843.2000 (5.35%) ($1750.8000 - $1926.0100) on Fri. Oct. 26, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.54% (three month average) |
RSI | 71 |
Latest Price | $1843.2000(5.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 3.2% a day on average for past five trading days. |
Weekly Trend | SOXS advances 9.2% 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) IPO(6%) TLT(6%) VXX(6%) XHB(5%) VIXM(4%) |
Factors Impacting SOXS price | SOXS will decline at least -2.27% 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 | -2.27% (StdDev 4.54%) |
Hourly BBV | 0 () |
Intraday Trend | -0.8% |
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