| SOXS latest price $35.2900 (-7.03%) ($34.9700 - $37.4290) on Wed. Dec. 21, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.44% (three month average) |
RSI | 63 |
Latest Price | $35.2900(-7.03%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 2.3% a day on average for past five trading days. |
Weekly Trend | SOXS advances 5.4% 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(7%) UNG(4%) VXX(4%) BND(2%) SHY(2%) |
Factors Impacting SOXS price | SOXS will decline at least -4.22% in a week (0% probabilities). FIVG(-89%) QQQ(-85%) IWF(-81%) IVW(-78%) SPY(-76%) |
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 | -4.22% (StdDev 8.44%) |
Hourly BBV | -1.3 () |
Intraday Trend | -5.6% |
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