| SOXS latest price $698.4000 (-13%) ($681.6000 - $777.0000) on Tue. Jun. 18, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.4% (three month average) |
RSI | 33 |
Latest Price | $698.4000(-13%) |
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 -7.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SOXS advance at 0% a week (0% probability) VXX(8%) TLT(5%) UUP(5%) IFRA(4%) IGOV(1%) |
Factors Impacting SOXS price | SOXS will decline at least -2.7% in a week (0% probabilities). FIVG(-23%) QQQ(-21%) EWJ(-21%) SPY(-20%) SMH(-20%) |
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 | -2.7% (StdDev 5.4%) |
Hourly BBV | 0 () |
Intraday Trend | -9.5% |
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