| SOXS latest price $627.6000 (2.35%) ($599.6500 - $631.2000) on Wed. May. 8, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.91% (three month average) |
RSI | 63 |
Latest Price | $627.6000(2.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 1.9% a day on average for past five trading days. |
Weekly Trend | SOXS advances 3% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SOXS advance at 0% a week (0% probability) VXX(6%) TLT(5%) IFRA(3%) VIXM(3%) UUP(2%) |
Factors Impacting SOXS price | SOXS will decline at least -1.955% in a week (0% probabilities). FIVG(-23%) QQQ(-21%) EWJ(-21%) SPY(-20%) SMH(-20%) |
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 | -1.955% (StdDev 3.91%) |
Hourly BBV | 0 () |
Intraday Trend | 0.4% |
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