| SOXS latest price $461.7600 (-5.1%) ($460.4100 - $503.7600) on Thu. Oct. 3, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.01% (three month average) |
RSI | 62 |
Latest Price | $461.7600(-5.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 1.1% a day on average for past five trading days. |
Weekly Trend | SOXS advances 4.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally 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 -2.505% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.505% (StdDev 5.01%) |
Hourly BBV | 0 () |
Intraday Trend | -5.2% |
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