| SOXS latest price $231.4800 (5.7%) ($212.1600 - $240.1800) on Fri. Apr. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 13.48% (three month average) |
RSI | 38 |
Latest Price | $231.4800(5.7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 1.1% 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(10%) UUP(8%) IGOV(5%) VXX(5%) TLT(3%) |
Factors Impacting SOXS price | SOXS will decline at least -6.74% in a week (0% probabilities). FIVG(-20%) EWJ(-18%) SPY(-17%) SMH(-17%) QQQ(-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 | -6.74% (StdDev 13.48%) |
Hourly BBV | 0.6 () |
Intraday Trend | 4.4% |
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