| SOXS latest price $32136.0000 (5.1%) ($29628.0000 - $32196.0000) on Fri. Jan. 8, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.26% (three month average) |
RSI | 73 |
Latest Price | $32136.0000(5.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 6% a day on average for past five trading days. |
Weekly Trend | SOXS advances 9.5% 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%) SHY(2%) UUP(2%) |
Factors Impacting SOXS price | SOXS will decline at least -2.13% 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 | -2.13% (StdDev 4.26%) |
Hourly BBV | 0 () |
Intraday Trend | 6.1% |
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