| SOXS latest price $27333.0000 (2.88%) ($26351.3400 - $27619.8000) on Fri. Nov. 13, 2015. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.1% (three month average) |
RSI | 60 |
Latest Price | $27333.0000(2.88%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 2.9% a day on average for past five trading days. |
Weekly Trend | SOXS advances 1.8% 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) VIXM(8%) TLT(6%) GDXJ(2%) IGOV(2%) SHY(2%) |
Factors Impacting SOXS price | SOXS will decline at least -2.55% in a week (0% probabilities). SMH(-24%) QQQ(-24%) SPY(-23%) IWO(-23%) IWF(-23%) |
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 | -2.55% (StdDev 5.1%) |
Hourly BBV | 0 () |
Intraday Trend | 2.8% |
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