| SOXS latest price $241.9200 (16.06%) ($213.3600 - $247.8000) on Wed. Apr. 1, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 13.44% (three month average) |
RSI | 45 |
Latest Price | $241.9200(16.06%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 0.3% a day on average for past five trading days. |
Weekly Trend | SOXS declines -24.7% 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(11%) UUP(8%) IGOV(5%) VXX(5%) TLT(3%) |
Factors Impacting SOXS price | SOXS will decline at least -6.72% in a week (0% probabilities). FIVG(-20%) EWJ(-19%) QQQ(-18%) SPY(-17%) SMH(-17%) |
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 | -6.72% (StdDev 13.44%) |
Hourly BBV | 2.1 () |
Intraday Trend | 6.1% |
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