| SOXS latest price $13.6500 (4.68%) ($13.0100 - $13.6700) on Tue. Jan. 26, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.91% (three month average) |
RSI | 29 |
Latest Price | $13.6500(4.68%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 1.2% a day on average for past five trading days. |
Weekly Trend | SOXS declines -9.5% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off 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(0%) |
Factors Impacting SOXS price | SOXS will decline at least -2.455% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.455% (StdDev 4.91%) |
Hourly BBV | 1.7 () |
Intraday Trend | 4.9% |
| |
|
|