| SOXS latest price $66.2300 (4.17%) ($63.2310 - $69.0900) on Thu. Nov. 3, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.52% (three month average) |
RSI | 36 |
Latest Price | $66.2300(4.17%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 1% a day on average for past five trading days. |
Weekly Trend | SOXS declines -9.7% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support SOXS advance at 0% a week (0% probability) UUP(13%) TBT(9%) EDOC(7%) VXX(5%) VIXM(4%) |
Factors Impacting SOXS price | SOXS will decline at least -3.76% 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 | -3.76% (StdDev 7.52%) |
Hourly BBV | 1.2 () |
Intraday Trend | -1.2% |
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