| SOXS latest price $59.2800 (-2.02%) ($57.5700 - $61.5700) on Tue. Jun. 14, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 109.67% (three month average) |
RSI | 53 |
Latest Price | $59.2800(-2.02%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 7.9% a day on average for past five trading days. |
Weekly Trend | SOXS advances 8% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SOXS advance at 0% a week (0% probability) UUP(23%) VIXM(23%) TBT(9%) VXX(6%) UNG(-5%) |
Factors Impacting SOXS price | SOXS will decline at least -54.835% in a week (0% probabilities). FIVG(-92%) QQQ(-88%) IWF(-85%) 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 | -54.835% (StdDev 109.67%) |
Hourly BBV | 0.9 () |
Intraday Trend | 1.4% |
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