| SOXS latest price $49.0800 (7.16%) ($46.7000 - $49.3100) on Fri. Apr. 8, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 110.46% (three month average) |
RSI | 97 |
Latest Price | $49.0800(7.16%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 4.5% a day on average for past five trading days. |
Weekly Trend | SOXS advances 95.4% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value 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(33%) UUP(24%) EDOC(13%) TBT(8%) VXX(8%) |
Factors Impacting SOXS price | SOXS will decline at least -55.23% in a week (0% probabilities). FIVG(-93%) QQQ(-89%) IWF(-87%) IVW(-86%) SPY(-84%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -55.23% (StdDev 110.46%) |
Hourly BBV | 1.6 () |
Intraday Trend | 4.8% |
| |
|
|