| SOXS latest price $46.4000 (0.04%) ($43.8380 - $47.9300) on Fri. Sep. 11, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.2% (three month average) |
RSI | 53 |
Latest Price | $46.4000(0.04%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 2.2% a day on average for past five trading days. |
Weekly Trend | SOXS advances 3.6% a week on average for past two weeks. |
Market Behavior | Value stock rally 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%) IGOV(1%) |
Factors Impacting SOXS price | SOXS will decline at least -2.6% 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 | -2.6% (StdDev 5.2%) |
Hourly BBV | 1.5 () |
Intraday Trend | 2.6% |
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