| SOXS latest price $1611.6000 (-1.32%) ($1538.4000 - $1614.0100) on Wed. Nov. 21, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.68% (three month average) |
RSI | 64 |
Latest Price | $1611.6000(-1.32%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 0.4% a day on average for past five trading days. |
Weekly Trend | SOXS advances 4.5% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based 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(6%) DIA(4%) |
Factors Impacting SOXS price | SOXS will decline at least -2.84% in a week (0% probabilities). EWJ(-22%) SPY(-21%) SMH(-21%) QQQ(-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 | -2.84% (StdDev 5.68%) |
Hourly BBV | 0 () |
Intraday Trend | 2.8% |
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