| SOXS latest price $62.2900 (3.32%) ($59.6300 - $63.8200) on Wed. Jun. 22, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 110.43% (three month average) |
RSI | 71 |
Latest Price | $62.2900(3.32%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 1% a day on average for past five trading days. |
Weekly Trend | SOXS advances 22.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support SOXS advance at 0% a week (0% probability) UUP(22%) VIXM(22%) TBT(9%) VXX(6%) UNG(-5%) |
Factors Impacting SOXS price | SOXS will decline at least -55.215% in a week (0% probabilities). FIVG(-92%) QQQ(-87%) 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 | -55.215% (StdDev 110.43%) |
Hourly BBV | -0.3 () |
Intraday Trend | -2.1% |
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