| SOXS latest price $80.0500 (13.34%) ($68.1500 - $80.6000) on Fri. Oct. 14, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.74% (three month average) |
RSI | 60 |
Latest Price | $80.0500(13.34%) |
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 8.5% 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(16%) TBT(9%) VIXM(7%) VXX(5%) UNG(-1%) |
Factors Impacting SOXS price | SOXS will decline at least -3.87% in a week (0% probabilities). FIVG(-91%) QQQ(-87%) IWF(-84%) IVW(-82%) 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 | -3.87% (StdDev 7.74%) |
Hourly BBV | 0.8 () |
Intraday Trend | 17.2% |
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