| SOXS latest price $441.4800 (-3.08%) ($434.2800 - $458.5200) on Mon. Sep. 23, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.08% (three month average) |
RSI | 22 |
Latest Price | $441.4800(-3.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 0.5% a day on average for past five trading days. |
Weekly Trend | SOXS declines -4.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SOXS advance at 0% a week (0% probability) VIXM(14%) VXX(7%) TLT(5%) UUP(5%) IGOV(1%) |
Factors Impacting SOXS price | SOXS will decline at least -2.54% in a week (0% probabilities). FIVG(-23%) EWJ(-21%) SPY(-20%) SMH(-20%) QQQ(-20%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.54% (StdDev 5.08%) |
Hourly BBV | 0 () |
Intraday Trend | -3.7% |
| |
|
|