| SOXS latest price $34.9700 (-0.54%) ($33.3900 - $36.1900) on Fri. Nov. 18, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.65% (three month average) |
RSI | 33 |
Latest Price | $34.9700(-0.54%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 0.6% a day on average for past five trading days. |
Weekly Trend | SOXS declines -24.6% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SOXS advance at 0% a week (0% probability) TBT(11%) UUP(9%) VXX(5%) VIXM(3%) UNG(0%) |
Factors Impacting SOXS price | SOXS will decline at least -4.325% in a week (0% probabilities). FIVG(-91%) QQQ(-87%) IWF(-84%) IVW(-82%) SPY(-80%) |
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 | -4.325% (StdDev 8.65%) |
Hourly BBV | -1.2 () |
Intraday Trend | 4.6% |
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