| SOXS latest price $129.1200 (15.08%) ($119.2800 - $130.3200) on Fri. May. 1, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 14.68% (three month average) |
RSI | 46 |
Latest Price | $129.1200(15.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 1.3% a day on average for past five trading days. |
Weekly Trend | SOXS declines -7.3% 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(2%) |
Factors Impacting SOXS price | SOXS will decline at least -7.34% in a week (0% probabilities). FIVG(-19%) EWJ(-18%) SPY(-16%) SMH(-16%) QQQ(-16%) |
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 | -7.34% (StdDev 14.68%) |
Hourly BBV | 1.4 () |
Intraday Trend | 7.2% |
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