| SOXS latest price $37.2500 (7.6%) ($36.0970 - $38.6000) on Wed. Aug. 17, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.73% (three month average) |
RSI | 46 |
Latest Price | $37.2500(7.6%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 0.1% a day on average for past five trading days. |
Weekly Trend | SOXS declines -4.2% 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) UUP(22%) VIXM(16%) TBT(12%) VXX(6%) EDOC(4%) |
Factors Impacting SOXS price | SOXS will decline at least -3.865% in a week (0% probabilities). FIVG(-92%) QQQ(-87%) IWF(-86%) IVW(-84%) SPY(-82%) |
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 | -3.865% (StdDev 7.73%) |
Hourly BBV | 1.1 () |
Intraday Trend | 3% |
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