| SOXS latest price $10926.0000 (-6.23%) ($10890.6000 - $12036.0000) on Mon. Sep. 12, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.4% (three month average) |
RSI | 56 |
Latest Price | $10926.0000(-6.23%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 1.5% a day on average for past five trading days. |
Weekly Trend | SOXS advances 1.5% 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) IBUY(7%) VIXM(7%) TLT(6%) XHB(3%) GDXJ(2%) |
Factors Impacting SOXS price | SOXS will decline at least -2.2% in a week (0% probabilities). SMH(-23%) QQQ(-23%) XLK(-22%) SPY(-22%) IWO(-22%) |
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 | -2.2% (StdDev 4.4%) |
Hourly BBV | 0 () |
Intraday Trend | -8.8% |
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