| SOXS latest price $19.1300 (0.74%) ($18.6900 - $19.7700) on Tue. Dec. 29, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.84% (three month average) |
RSI | 64 |
Latest Price | $19.1300(0.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 0.2% a day on average for past five trading days. |
Market Behavior | Normal 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(8%) UUP(7%) VXX(4%) TLT(2%) IGOV(0%) |
Factors Impacting SOXS price | SOXS will decline at least -2.42% in a week (0% probabilities). EWJ(-18%) FIVG(-17%) IWC(-16%) DRIV(-16%) XAR(-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 | -2.42% (StdDev 4.84%) |
Hourly BBV | 0.4 () |
Intraday Trend | 2.4% |
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