| SOXS latest price $43.6800 (-3.19%) ($43.2000 - $44.7600) on Mon. Aug. 24, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.01% (three month average) |
RSI | 48 |
Latest Price | $43.6800(-3.19%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 0.2% a day on average for past five trading days. |
Weekly Trend | SOXS declines -1.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock rally 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%) BND(-1%) |
Factors Impacting SOXS price | SOXS will decline at least -2.505% 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 | -2.505% (StdDev 5.01%) |
Hourly BBV | -1 () |
Intraday Trend | 0% |
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