| SOXS latest price $32.6100 (2.26%) ($31.5200 - $32.6100) on Wed. Oct. 21, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.32% (three month average) |
RSI | 39 |
Latest Price | $32.6100(2.26%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 1.3% a day on average for past five trading days. |
Weekly Trend | SOXS declines -7% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based 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%) DRIV(-0%) |
Factors Impacting SOXS price | SOXS will decline at least -2.66% 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 | -2.66% (StdDev 5.32%) |
Hourly BBV | 1.3 () |
Intraday Trend | 2.5% |
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