| SOXS latest price $1672.8000 (-10.98%) ($1668.0000 - $1980.0000) on Tue. Feb. 6, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.54% (three month average) |
RSI | 59 |
Latest Price | $1672.8000(-10.98%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 1.7% a day on average for past five trading days. |
Weekly Trend | SOXS advances 6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SOXS advance at 0% a week (0% probability) TLT(6%) VIXM(6%) XHB(4%) DIA(2%) GDXJ(2%) |
Factors Impacting SOXS price | SOXS will decline at least -2.27% in a week (0% probabilities). SPY(-22%) SMH(-22%) QQQ(-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 | -2.27% (StdDev 4.54%) |
Hourly BBV | 0 () |
Intraday Trend | -15.2% |
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