| SOXS latest price $46.4700 (8.07%) ($41.7400 - $46.5000) on Thu. Jun. 9, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 109.66% (three month average) |
RSI | 44 |
Latest Price | $46.4700(8.07%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 4.1% a day on average for past five trading days. |
Weekly Trend | SOXS declines -9.7% 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) UUP(24%) VIXM(24%) TBT(9%) VXX(6%) UNG(-5%) |
Factors Impacting SOXS price | SOXS will decline at least -54.83% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -54.83% (StdDev 109.66%) |
Hourly BBV | 2.5 () |
Intraday Trend | 5.4% |
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