| SOXS latest price $56.0300 (-5.48%) ($53.1400 - $60.4500) on Wed. Jun. 15, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 109.64% (three month average) |
RSI | 54 |
Latest Price | $56.0300(-5.48%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 5% a day on average for past five trading days. |
Weekly Trend | SOXS advances 13.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally 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 -54.82% 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 | -54.82% (StdDev 109.64%) |
Hourly BBV | -2.6 () |
Intraday Trend | -1.9% |
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