| SOXS latest price $30762.0000 (-2.51%) ($29952.0000 - $32148.0000) on Tue. Jan. 12, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.27% (three month average) |
RSI | 76 |
Latest Price | $30762.0000(-2.51%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 3.4% a day on average for past five trading days. |
Weekly Trend | SOXS advances 15.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally 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 -2.135% in a week (0% probabilities). SMH(-24%) SPY(-23%) QQQ(-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 | -2.135% (StdDev 4.27%) |
Hourly BBV | 0 () |
Intraday Trend | 1% |
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