| SOXS latest price $895.2000 (2.61%) ($838.8000 - $896.4000) on Fri. May. 24, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.83% (three month average) |
RSI | 80 |
Latest Price | $895.2000(2.61%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 3.7% a day on average for past five trading days. |
Weekly Trend | SOXS advances 16.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SOXS advance at 0% a week (0% probability) VXX(8%) TLT(5%) UUP(5%) IFRA(3%) VIXM(3%) |
Factors Impacting SOXS price | SOXS will decline at least -2.415% 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 | -2.415% (StdDev 4.83%) |
Hourly BBV | 0 () |
Intraday Trend | 4.9% |
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