| SOXS latest price $70.7300 (5.43%) ($64.3700 - $70.7300) on Fri. Sep. 30, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.09% (three month average) |
RSI | 82 |
Latest Price | $70.7300(5.43%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 2.4% a day on average for past five trading days. |
Weekly Trend | SOXS advances 13.5% 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(9%) VXX(6%) EDOC(-2%) |
Factors Impacting SOXS price | SOXS will decline at least -3.545% 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 | -3.545% (StdDev 7.09%) |
Hourly BBV | 1.2 () |
Intraday Trend | 1.8% |
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