| SOXS latest price $43.5600 (-6.12%) ($42.6720 - $44.6700) on Mon. Sep. 14, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.23% (three month average) |
RSI | 52 |
Latest Price | $43.5600(-6.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 0.4% a day on average for past five trading days. |
Weekly Trend | SOXS advances 4.6% 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%) IGOV(1%) |
Factors Impacting SOXS price | SOXS will decline at least -2.615% in a week (0% probabilities). FIVG(-18%) EWJ(-18%) IWC(-16%) SPY(-15%) QQQ(-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 | -2.615% (StdDev 5.23%) |
Hourly BBV | -0.7 () |
Intraday Trend | 0% |
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