| SOXS latest price $1750.8000 (12.66%) ($1530.0000 - $1773.6000) on Wed. Dec. 19, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.45% (three month average) |
RSI | 65 |
Latest Price | $1750.8000(12.66%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 3.5% a day on average for past five trading days. |
Weekly Trend | SOXS advances 6.9% 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%) VXX(6%) XHB(6%) DIA(4%) VIXM(4%) |
Factors Impacting SOXS price | SOXS will decline at least -3.225% in a week (0% probabilities). EWJ(-22%) SPY(-21%) SMH(-21%) QQQ(-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 | -3.225% (StdDev 6.45%) |
Hourly BBV | 0 () |
Intraday Trend | 11.1% |
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