| SOXS latest price $35.1600 (0.03%) ($34.5100 - $36.3040) on Wed. Dec. 7, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.55% (three month average) |
RSI | 49 |
Latest Price | $35.1600(0.03%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 3.2% a day on average for past five trading days. |
Weekly Trend | SOXS declines -3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SOXS advance at 0% a week (0% probability) TBT(6%) VXX(5%) UNG(3%) BND(1%) SHY(1%) |
Factors Impacting SOXS price | SOXS will decline at least -4.275% in a week (0% probabilities). FIVG(-90%) QQQ(-85%) IWF(-82%) IVW(-79%) SPY(-78%) |
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 | -4.275% (StdDev 8.55%) |
Hourly BBV | 0.8 () |
Intraday Trend | -2.8% |
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