| SOXS latest price $42.8600 (13.72%) ($38.4100 - $43.0800) on Tue. Apr. 5, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 111.34% (three month average) |
RSI | 96 |
Latest Price | $42.8600(13.72%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 6% a day on average for past five trading days. |
Weekly Trend | SOXS advances 172.3% 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) EDOC(7%) UUP(6%) VIXM(5%) TLT(2%) VXX(2%) |
Factors Impacting SOXS price | SOXS will decline at least -55.67% in a week (0% probabilities). USO(-19%) EWJ(-17%) XAR(-14%) OIH(-14%) IWC(-14%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -55.67% (StdDev 111.34%) |
Hourly BBV | 1.7 () |
Intraday Trend | 11.1% |
| |
|
|