| SOXS latest price $426.9600 (5.89%) ($416.2200 - $434.4000) on Wed. Oct. 23, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.29% (three month average) |
RSI | 44 |
Latest Price | $426.9600(5.89%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 0.9% a day on average for past five trading days. |
Weekly Trend | SOXS declines -5.5% 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 -2.645% in a week (0% probabilities). FIVG(-22%) 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 | -2.645% (StdDev 5.29%) |
Hourly BBV | 0 () |
Intraday Trend | 0.4% |
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