| SOXS latest price $54.8800 (7.52%) ($52.8700 - $56.4800) on Tue. May. 24, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 111.34% (three month average) |
RSI | 64 |
Latest Price | $54.8800(7.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 4.4% a day on average for past five trading days. |
Weekly Trend | SOXS advances 0.3% a week on average for past two weeks. |
Market Behavior | Growth stock 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(25%) UUP(24%) TBT(7%) VXX(7%) UNG(-5%) |
Factors Impacting SOXS price | SOXS will decline at least -55.67% in a week (0% probabilities). FIVG(-92%) QQQ(-88%) IWF(-86%) IVW(-85%) SPY(-83%) |
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 | -55.67% (StdDev 111.34%) |
Hourly BBV | 0.5 () |
Intraday Trend | 3.2% |
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