| SOXS latest price $20.1000 (1.52%) ($19.6000 - $20.5100) on Mon. Apr. 24, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.35% (three month average) |
RSI | 76 |
Latest Price | $20.1000(1.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SOXS advances 1.2% a day on average for past five trading days. |
Weekly Trend | SOXS advances 3.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SOXS advance at 0% a week (0% probability) VXX(53%) VIXM(49%) UUP(20%) TBT(13%) GLD(6%) |
Factors Impacting SOXS price | SOXS will decline at least -2.675% in a week (0% probabilities). FIVG(-88%) XLK(-85%) QQQ(-83%) VUG(-78%) IWF(-78%) |
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 | -2.675% (StdDev 5.35%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0.7% |
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