| SOXS latest price $277.4400 (9.26%) ($243.0000 - $281.2800) on Tue. Feb. 25, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.99% (three month average) |
RSI | 59 |
Latest Price | $277.4400(9.26%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 6% a day on average for past five trading days. |
Weekly Trend | SOXS advances 1.5% 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(13%) VXX(7%) IGOV(6%) TLT(5%) UUP(5%) |
Factors Impacting SOXS price | SOXS will decline at least -2.495% 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 | -2.495% (StdDev 4.99%) |
Hourly BBV | 1.4 () |
Intraday Trend | 14.1% |
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