| SOXS latest price $52.0100 (-1.66%) ($51.2890 - $55.0900) on Mon. Sep. 19, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.27% (three month average) |
RSI | 64 |
Latest Price | $52.0100(-1.66%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 2.8% a day on average for past five trading days. |
Weekly Trend | SOXS advances 4.2% 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(20%) VIXM(12%) TBT(11%) VXX(6%) EDOC(-2%) |
Factors Impacting SOXS price | SOXS will decline at least -3.635% in a week (0% probabilities). FIVG(-91%) QQQ(-87%) IWF(-85%) IVW(-83%) SPY(-82%) |
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 | -3.635% (StdDev 7.27%) |
Hourly BBV | -1.5 () |
Intraday Trend | -5.4% |
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