| SOXS latest price $254.8800 (2.26%) ($250.2000 - $260.2800) on Mon. Dec. 30, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.85% (three month average) |
RSI | 14 |
Latest Price | $254.8800(2.26%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 0.3% a day on average for past five trading days. |
Weekly Trend | SOXS declines -8.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock sell-off 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 -1.925% in a week (0% probabilities). FIVG(-22%) EWJ(-21%) SPY(-20%) QQQ(-20%) IWO(-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 | -1.925% (StdDev 3.85%) |
Hourly BBV | 1.2 () |
Intraday Trend | 1.9% |
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