| SOXS latest price $13.5600 (-2.59%) ($13.4400 - $14.4200) on Tue. Oct. 31, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.65% (three month average) |
RSI | 76 |
Latest Price | $13.5600(-2.59%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 2.3% a day on average for past five trading days. |
Weekly Trend | SOXS advances 13.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SOXS advance at 0% a week (0% probability) VXX(36%) TBT(30%) VIXM(27%) UUP(20%) EDOC(16%) |
Factors Impacting SOXS price | SOXS will decline at least -2.325% in a week (0% probabilities). FIVG(-91%) QQQ(-84%) SPY(-81%) IVW(-79%) DRIV(-78%) |
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 | -2.325% (StdDev 4.65%) |
Hourly BBV | -0.6 () |
Intraday Trend | -2.5% |
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