| SOXS latest price $9.4700 (5.11%) ($9.4200 - $9.8200) on Tue. Aug. 8, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.85% (three month average) |
RSI | 58 |
Latest Price | $9.4700(5.11%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 2.8% a day on average for past five trading days. |
Weekly Trend | SOXS declines -0.1% 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) VXX(61%) VIXM(54%) TBT(25%) UUP(23%) GLD(2%) |
Factors Impacting SOXS price | SOXS will decline at least -2.925% in a week (0% probabilities). SMH(-99%) FIVG(-91%) QQQ(-88%) XLK(-86%) BOTZ(-83%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | |
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Market Trend Strength | -2.925% (StdDev 5.85%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0.2% |
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