| SOXS latest price $31668.0000 (-6.19%) ($31062.0000 - $34680.0000) on Thu. Jan. 14, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.25% (three month average) |
RSI | 76 |
Latest Price | $31668.0000(-6.19%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 0.7% a day on average for past five trading days. |
Weekly Trend | SOXS advances 18.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based 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 -2.125% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.125% (StdDev 4.25%) |
Hourly BBV | 0 () |
Intraday Trend | -4.9% |
| |
|
|