| SOXS latest price $1530.0000 (2.66%) ($1480.8000 - $1548.0000) on Mon. Oct. 15, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.49% (three month average) |
RSI | 79 |
Latest Price | $1530.0000(2.66%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 2.5% a day on average for past five trading days. |
Weekly Trend | SOXS advances 13.6% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support SOXS advance at 0% a week (0% probability) IPO(6%) TLT(6%) VXX(6%) XHB(5%) VIXM(4%) |
Factors Impacting SOXS price | SOXS will decline at least -1.745% in a week (0% probabilities). SMH(-22%) QQQ(-22%) EWJ(-22%) SPY(-21%) IWO(-21%) |
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 | -1.745% (StdDev 3.49%) |
Hourly BBV | 0 () |
Intraday Trend | 1.4% |
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