| SOXS latest price $11.2000 (-1.58%) ($11.0800 - $11.8400) on Fri. Aug. 18, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.89% (three month average) |
RSI | 78 |
Latest Price | $11.2000(-1.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 0.7% a day on average for past five trading days. |
Weekly Trend | SOXS advances 10.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support SOXS advance at 0% a week (0% probability) VXX(58%) VIXM(50%) TBT(26%) UUP(22%) GLD(6%) |
Factors Impacting SOXS price | SOXS will decline at least -2.945% in a week (0% probabilities). FIVG(-91%) QQQ(-88%) XLK(-85%) BOTZ(-82%) VUG(-81%) |
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 | -2.945% (StdDev 5.89%) |
Hourly BBV | 0.2 () |
Intraday Trend | -5% |
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