| SOXS latest price $13.7800 (1.85%) ($12.9000 - $13.9900) on Thu. Oct. 26, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.75% (three month average) |
RSI | 72 |
Latest Price | $13.7800(1.85%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 3.1% a day on average for past five trading days. |
Weekly Trend | SOXS advances 11.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support SOXS advance at 0% a week (0% probability) VXX(46%) VIXM(38%) TBT(36%) UUP(20%) GLD(14%) |
Factors Impacting SOXS price | SOXS will decline at least -2.375% in a week (0% probabilities). FIVG(-91%) QQQ(-85%) SPY(-80%) DRIV(-80%) IVW(-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 | -2.375% (StdDev 4.75%) |
Hourly BBV | 0.9 () |
Intraday Trend | 3.1% |
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