| SOXS latest price $20.0800 (-0.69%) ($18.5000 - $20.5800) on Thu. Feb. 9, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.88% (three month average) |
RSI | 31 |
Latest Price | $20.0800(-0.69%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 1.1% a day on average for past five trading days. |
Weekly Trend | SOXS declines -10.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SOXS advance at 0% a week (0% probability) VIXM(48%) UUP(20%) VXX(14%) TBT(11%) SHY(8%) |
Factors Impacting SOXS price | SOXS will decline at least -3.94% in a week (0% probabilities). FIVG(-89%) XLK(-86%) QQQ(-84%) VUG(-79%) IWF(-79%) |
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 | -3.94% (StdDev 7.88%) |
Hourly BBV | 1 () |
Intraday Trend | 4.5% |
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