| SOXS latest price $43.2400 (-3.61%) ($43.1220 - $46.2200) on Tue. Sep. 22, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.26% (three month average) |
RSI | 60 |
Latest Price | $43.2400(-3.61%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 0.9% a day on average for past five trading days. |
Weekly Trend | SOXS advances 2.2% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock 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 -2.63% 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 | -2.63% (StdDev 5.26%) |
Hourly BBV | -1.5 () |
Intraday Trend | -1.2% |
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