| SOXS latest price $48.4800 (3.59%) ($45.5000 - $48.7200) on Tue. Aug. 11, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.67% (three month average) |
RSI | 43 |
Latest Price | $48.4800(3.59%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 1.5% a day on average for past five trading days. |
Weekly Trend | SOXS declines -8.2% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock sell-off 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 -2.835% in a week (0% probabilities). FIVG(-18%) EWJ(-18%) IWC(-16%) SPY(-15%) SMH(-15%) |
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 | -2.835% (StdDev 5.67%) |
Hourly BBV | 0.8 () |
Intraday Trend | 3.1% |
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