| SOXS latest price $32.3000 (-8.13%) ($32.1500 - $35.3600) on Thu. Dec. 8, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.59% (three month average) |
RSI | 47 |
Latest Price | $32.3000(-8.13%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 1% a day on average for past five trading days. |
Weekly Trend | SOXS declines -1.4% 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) TBT(6%) VXX(4%) UNG(3%) BND(1%) SHY(1%) |
Factors Impacting SOXS price | SOXS will decline at least -4.295% in a week (0% probabilities). FIVG(-90%) QQQ(-85%) IWF(-82%) IVW(-79%) SPY(-77%) |
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 | -4.295% (StdDev 8.59%) |
Hourly BBV | -1.7 () |
Intraday Trend | -6.6% |
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