| SOXS latest price $9996.0000 (3.61%) ($9882.0000 - $10446.0000) on Thu. Oct. 13, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.25% (three month average) |
RSI | 47 |
Latest Price | $9996.0000(3.61%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 2.6% a day on average for past five trading days. |
Weekly Trend | SOXS declines -1.9% 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) TLT(6%) VIXM(6%) XHB(3%) GDXJ(2%) DIA(1%) |
Factors Impacting SOXS price | SOXS will decline at least -1.625% 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 | -1.625% (StdDev 3.25%) |
Hourly BBV | 0 () |
Intraday Trend | 1% |
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