| SOXS latest price $78.1200 (18.8%) ($69.8400 - $78.2400) on Thu. Jun. 11, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 13.71% (three month average) |
RSI | 36 |
Latest Price | $78.1200(18.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 2% a day on average for past five trading days. |
Weekly Trend | SOXS declines -13.3% 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(9%) UUP(8%) VXX(5%) TLT(2%) IGOV(0%) |
Factors Impacting SOXS price | SOXS will decline at least -6.855% in a week (0% probabilities). FIVG(-18%) EWJ(-18%) QQQ(-16%) IWO(-16%) IWC(-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 | -6.855% (StdDev 13.71%) |
Hourly BBV | 2.2 () |
Intraday Trend | 10.9% |
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