| SOXS latest price $3454.8000 (2.16%) ($3367.2000 - $3525.6000) on Mon. Aug. 21, 2017. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.71% (three month average) |
RSI | 58 |
Latest Price | $3454.8000(2.16%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 1.6% a day on average for past five trading days. |
Weekly Trend | SOXS advances 0.2% 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%) UUP(2%) |
Factors Impacting SOXS price | SOXS will decline at least -1.855% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.855% (StdDev 3.71%) |
Hourly BBV | 0 () |
Intraday Trend | 2.6% |
| |
|
|