| SOXS latest price $59.5000 (9.42%) ($52.1600 - $59.9600) on Wed. May. 11, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 112.22% (three month average) |
RSI | 58 |
Latest Price | $59.5000(9.42%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 6.3% a day on average for past five trading days. |
Weekly Trend | SOXS declines -0.1% 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(24%) VXX(7%) TBT(6%) TLT(-6%) |
Factors Impacting SOXS price | SOXS will decline at least -56.11% 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 | -56.11% (StdDev 112.22%) |
Hourly BBV | 1.4 () |
Intraday Trend | 5.8% |
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