| SOXS latest price $63.0000 (4.24%) ($62.0900 - $66.1000) on Fri. Sep. 23, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.25% (three month average) |
RSI | 63 |
Latest Price | $63.0000(4.24%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 3.7% a day on average for past five trading days. |
Weekly Trend | SOXS advances 7.1% 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(18%) TBT(11%) VIXM(10%) VXX(6%) EDOC(1%) |
Factors Impacting SOXS price | SOXS will decline at least -3.625% in a week (0% probabilities). FIVG(-91%) QQQ(-87%) IWF(-85%) IVW(-83%) SPY(-81%) |
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 | -3.625% (StdDev 7.25%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0.2% |
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