| SOXS latest price $58.6600 (12.98%) ($53.5200 - $58.9200) on Tue. Apr. 26, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 111.34% (three month average) |
RSI | 71 |
Latest Price | $58.6600(12.98%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 4.6% a day on average for past five trading days. |
Weekly Trend | SOXS advances 5.7% a week on average for past two weeks. |
Market Behavior | Broad based 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(31%) UUP(23%) VXX(8%) TBT(7%) TLT(-6%) |
Factors Impacting SOXS price | SOXS will decline at least -55.67% in a week (0% probabilities). FIVG(-93%) QQQ(-89%) IWF(-87%) IVW(-86%) SPY(-84%) |
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 | -55.67% (StdDev 111.34%) |
Hourly BBV | 1.5 () |
Intraday Trend | 8.9% |
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