| SOXS latest price $248.5200 (11.58%) ($240.1200 - $249.5800) on Mon. Jan. 27, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.56% (three month average) |
RSI | 44 |
Latest Price | $248.5200(11.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 2.1% a day on average for past five trading days. |
Weekly Trend | SOXS declines -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(2%) |
Factors Impacting SOXS price | SOXS will decline at least -1.78% 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 | -1.78% (StdDev 3.56%) |
Hourly BBV | 1.5 () |
Intraday Trend | 2.7% |
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