| SOXS latest price $4746.0000 (2.2%) ($4628.0400 - $4782.0000) on Mon. Apr. 10, 2017. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.61% (three month average) |
RSI | 44 |
Latest Price | $4746.0000(2.2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 0.8% a day on average for past five trading days. |
Weekly Trend | SOXS advances 0.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SOXS advance at 0% a week (0% probability) TLT(6%) VIXM(6%) XHB(4%) GDXJ(2%) IPO(2%) |
Factors Impacting SOXS price | SOXS will decline at least -1.305% in a week (0% probabilities). SMH(-23%) QQQ(-23%) SPY(-22%) IWO(-22%) IWM(-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 | -1.305% (StdDev 2.61%) |
Hourly BBV | 0 () |
Intraday Trend | 2.5% |
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