| SOXS latest price $11.9000 (-2.46%) ($11.5500 - $12.0650) on Fri. Sep. 22, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.93% (three month average) |
RSI | 84 |
Latest Price | $11.9000(-2.46%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 1.6% a day on average for past five trading days. |
Weekly Trend | SOXS advances 9.7% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support SOXS advance at 0% a week (0% probability) VXX(59%) VIXM(54%) TBT(27%) UUP(20%) GLD(18%) |
Factors Impacting SOXS price | SOXS will decline at least -2.465% in a week (0% probabilities). FIVG(-91%) QQQ(-87%) XLK(-82%) BOTZ(-81%) SPY(-80%) |
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 | -2.465% (StdDev 4.93%) |
Hourly BBV | 0.4 () |
Intraday Trend | 0.2% |
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