| SOXS latest price $46.0800 (2.4%) ($45.3600 - $47.0400) on Thu. Aug. 20, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.12% (three month average) |
RSI | 39 |
Latest Price | $46.0800(2.4%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 0.5% a day on average for past five trading days. |
Weekly Trend | SOXS declines -2% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Normal 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 -2.56% in a week (0% probabilities). FIVG(-18%) EWJ(-18%) IWC(-16%) SPY(-15%) SMH(-15%) |
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 | -2.56% (StdDev 5.12%) |
Hourly BBV | 1 () |
Intraday Trend | -1.3% |
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