| SOXS latest price $339.3600 (3.17%) ($330.1200 - $343.4400) on Thu. Nov. 21, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.35% (three month average) |
RSI | 45 |
Latest Price | $339.3600(3.17%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 1.3% a day on average for past five trading days. |
Weekly Trend | SOXS declines -0.3% a week on average for past two weeks. |
Market Behavior | Normal 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 -2.175% in a week (0% probabilities). FIVG(-22%) EWJ(-21%) SPY(-20%) QQQ(-20%) IWO(-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 | -2.175% (StdDev 4.35%) |
Hourly BBV | 0 () |
Intraday Trend | 2.2% |
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