| SOXS latest price $10.6500 (-1.02%) ($10.5550 - $11.7800) on Tue. May. 11, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 7.69% (three month average) |
RSI | 65 |
Latest Price | $10.6500(-1.02%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 0.7% a day on average for past five trading days. |
Weekly Trend | SOXS advances 7.5% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support SOXS advance at 0% a week (0% probability) VIXM(8%) UUP(7%) VXX(3%) TLT(2%) BND(-0%) |
Factors Impacting SOXS price | SOXS will decline at least -3.845% in a week (0% probabilities). EWJ(-17%) FIVG(-16%) USO(-15%) IWC(-15%) DRIV(-15%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.845% (StdDev 7.69%) |
Hourly BBV | 0.7 () |
Intraday Trend | -9.2% |
| |
|
|