| SOXS latest price $9744.0000 (-2.52%) ($9402.0000 - $9774.0000) on Fri. Oct. 14, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.25% (three month average) |
RSI | 40 |
Latest Price | $9744.0000(-2.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 1.9% a day on average for past five trading days. |
Weekly Trend | SOXS advances 0.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock 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 | -0.2% |
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