| SOXS latest price $3210.0000 (4.7%) ($3024.3600 - $3315.6000) on Thu. Jul. 27, 2017. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.96% (three month average) |
RSI | 28 |
Latest Price | $3210.0000(4.7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 1% a day on average for past five trading days. |
Weekly Trend | SOXS declines -4% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value 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(4%) GDXJ(2%) UUP(2%) |
Factors Impacting SOXS price | SOXS will decline at least -1.98% in a week (0% probabilities). SMH(-23%) QQQ(-23%) SPY(-22%) IWO(-22%) IWF(-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 | -1.98% (StdDev 3.96%) |
Hourly BBV | 0 () |
Intraday Trend | 5.3% |
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