| SOXS latest price $58.8100 (15.38%) ($52.4900 - $59.6300) on Mon. May. 9, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 112.19% (three month average) |
RSI | 62 |
Latest Price | $58.8100(15.38%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 3.5% a day on average for past five trading days. |
Weekly Trend | SOXS declines -0.6% 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) VIXM(29%) UUP(25%) VXX(7%) TBT(6%) TLT(-6%) |
Factors Impacting SOXS price | SOXS will decline at least -56.095% in a week (0% probabilities). FIVG(-93%) QQQ(-88%) IWF(-87%) IVW(-85%) SPY(-84%) |
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 | -56.095% (StdDev 112.19%) |
Hourly BBV | 1.6 () |
Intraday Trend | 8.3% |
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