| SOXS latest price $57.3600 (1.27%) ($56.7600 - $59.4000) on Thu. Jul. 16, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.89% (three month average) |
RSI | 37 |
Latest Price | $57.3600(1.27%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 0.6% a day on average for past five trading days. |
Weekly Trend | SOXS declines -8% a week on average for past two weeks. |
Market Behavior | Growth stock 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(9%) UUP(7%) VXX(4%) TLT(2%) IYT(1%) |
Factors Impacting SOXS price | SOXS will decline at least -3.445% in a week (0% probabilities). FIVG(-18%) EWJ(-18%) QQQ(-16%) IWO(-16%) IWC(-16%) |
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 | -3.445% (StdDev 6.89%) |
Hourly BBV | -0.6 () |
Intraday Trend | -2% |
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