| SOXS latest price $67.8000 (-2.25%) ($67.4400 - $72.8400) on Thu. Jun. 25, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 8.89% (three month average) |
RSI | 56 |
Latest Price | $67.8000(-2.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 0.5% a day on average for past five trading days. |
Weekly Trend | SOXS declines -1.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SOXS advance at 0% a week (0% probability) VIXM(9%) UUP(7%) VXX(4%) TLT(2%) IYT(1%) |
Factors Impacting SOXS price | SOXS will decline at least -4.445% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -4.445% (StdDev 8.89%) |
Hourly BBV | 0.2 () |
Intraday Trend | -2.9% |
| |
|
|