| SOXS latest price $8.4100 (0.6%) ($8.1900 - $8.5300) on Mon. Nov. 27, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.56% (three month average) |
RSI | 22 |
Latest Price | $8.4100(0.6%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 0.1% a day on average for past five trading days. |
Weekly Trend | SOXS declines -11.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SOXS advance at 0% a week (0% probability) EDOC(72%) VIXM(41%) VXX(31%) UUP(16%) GLD(10%) |
Factors Impacting SOXS price | SOXS will decline at least -2.28% in a week (0% probabilities). FIVG(-94%) QQQ(-87%) IVE(-79%) DRIV(-77%) VT(-76%) |
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 | -2.28% (StdDev 4.56%) |
Hourly BBV | 0 () |
Intraday Trend | -0.7% |
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