| SOXS latest price $239.7600 (-1.82%) ($234.9600 - $247.0800) on Thu. Jan. 9, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.61% (three month average) |
RSI | 34 |
Latest Price | $239.7600(-1.82%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 0.2% a day on average for past five trading days. |
Weekly Trend | SOXS declines -1.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Rotation from value to growth 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%) SHY(-0%) |
Factors Impacting SOXS price | SOXS will decline at least -1.805% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.805% (StdDev 3.61%) |
Hourly BBV | -0.4 () |
Intraday Trend | 1.7% |
| |
|
|