| SOXS latest price $510.0000 (9.88%) ($471.0000 - $523.5600) on Wed. Jul. 31, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.42% (three month average) |
RSI | 35 |
Latest Price | $510.0000(9.88%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 3% a day on average for past five trading days. |
Weekly Trend | SOXS declines -8.3% a week on average for past two weeks. |
Market Behavior | Broad based 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) VIXM(14%) VXX(8%) TLT(5%) UUP(5%) IFRA(4%) |
Factors Impacting SOXS price | SOXS will decline at least -2.71% in a week (0% probabilities). FIVG(-23%) EWJ(-21%) SPY(-20%) SMH(-20%) QQQ(-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 | -2.71% (StdDev 5.42%) |
Hourly BBV | 0 () |
Intraday Trend | 8.3% |
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