| SOXS latest price $41.3200 (-0.14%) ($38.5000 - $42.1500) on Mon. Jun. 6, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 109.71% (three month average) |
RSI | 41 |
Latest Price | $41.3200(-0.14%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 0.6% a day on average for past five trading days. |
Weekly Trend | SOXS declines -9.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support SOXS advance at 0% a week (0% probability) UUP(24%) VIXM(24%) TBT(9%) VXX(6%) UNG(-5%) |
Factors Impacting SOXS price | SOXS will decline at least -54.855% in a week (0% probabilities). FIVG(-92%) QQQ(-88%) IWF(-86%) IVW(-84%) SPY(-83%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -54.855% (StdDev 109.71%) |
Hourly BBV | 1.3 () |
Intraday Trend | 5.8% |
| |
|
|