| SOXS latest price $460.4400 (4.29%) ($428.1600 - $466.8000) on Tue. Sep. 24, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.12% (three month average) |
RSI | 35 |
Latest Price | $460.4400(4.29%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 1.6% a day on average for past five trading days. |
Weekly Trend | SOXS declines -1.4% 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(7%) TLT(5%) UUP(5%) IGOV(1%) |
Factors Impacting SOXS price | SOXS will decline at least -2.56% 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 | -2.56% (StdDev 5.12%) |
Hourly BBV | 0 () |
Intraday Trend | 6.7% |
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