| SOXS latest price $60.4400 (8.57%) ($56.1000 - $61.3700) on Thu. Sep. 22, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.23% (three month average) |
RSI | 63 |
Latest Price | $60.4400(8.57%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 2.5% a day on average for past five trading days. |
Weekly Trend | SOXS advances 4% 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(20%) VIXM(12%) TBT(11%) VXX(6%) UNG(-3%) |
Factors Impacting SOXS price | SOXS will decline at least -3.615% in a week (0% probabilities). FIVG(-91%) QQQ(-87%) IWF(-85%) IVW(-83%) 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 | -3.615% (StdDev 7.23%) |
Hourly BBV | 1.2 () |
Intraday Trend | 6.5% |
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