| SOXS latest price $8.7900 (1.85%) ($8.7200 - $9.0100) on Tue. Dec. 5, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.49% (three month average) |
RSI | 50 |
Latest Price | $8.7900(1.85%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 0.6% a day on average for past five trading days. |
Weekly Trend | SOXS advances 0.5% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SOXS advance at 0% a week (0% probability) VIXM(51%) VXX(42%) UUP(16%) BNDX(7%) BLOK(6%) |
Factors Impacting SOXS price | SOXS will decline at least -2.245% in a week (0% probabilities). FIVG(-94%) QQQ(-88%) IVE(-77%) VT(-76%) BOTZ(-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 | -2.245% (StdDev 4.49%) |
Hourly BBV | 0.5 () |
Intraday Trend | -1.3% |
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