| SOXS latest price $250.2000 (5.41%) ($244.0800 - $251.6400) on Fri. Jan. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.86% (three month average) |
RSI | 34 |
Latest Price | $250.2000(5.41%) |
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 -4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based 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 -1.93% 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 | -1.93% (StdDev 3.86%) |
Hourly BBV | 0.1 () |
Intraday Trend | 0.9% |
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