| soxs latest price $1880.4000 (19.8%) ($1641.6000 - $1885.2000) on Wed. Oct. 24, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.48% (three month average) |
RSI | 78 |
Latest Price | $1880.4000(19.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | soxs advances 6.4% a day on average for past five trading days. |
Weekly Trend | soxs advances 9.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support soxs advance at 0% a week (0% probability) IPO(6%) TLT(6%) VXX(6%) XHB(5%) VIXM(4%) |
Factors Impacting soxs price | soxs will decline at least -2.24% in a week (0% probabilities). SMH(-22%) QQQ(-22%) EWJ(-22%) SPY(-21%) IWO(-21%) |
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 | -2.24% (StdDev 4.48%) |
Hourly BBV | 0 () |
Intraday Trend | 14.5% |
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