| SOXS latest price $19.3000 (3.49%) ($19.1700 - $19.6700) on Wed. Apr. 19, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.76% (three month average) |
RSI | 62 |
Latest Price | $19.3000(3.49%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 0.1% a day on average for past five trading days. |
Weekly Trend | SOXS advances 5.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support SOXS advance at 0% a week (0% probability) VXX(53%) VIXM(49%) UUP(18%) TBT(13%) GLD(7%) |
Factors Impacting SOXS price | SOXS will decline at least -2.88% in a week (0% probabilities). FIVG(-88%) XLK(-85%) QQQ(-82%) VUG(-77%) IWF(-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 | -2.88% (StdDev 5.76%) |
Hourly BBV | 0.4 () |
Intraday Trend | -0.6% |
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